Deposits held in Saskatchewan credit unions are fully guaranteed. There is no limit to the size of deposit covered by the guarantee – whether $1 or $10,000,000 or more, all deposits are fully guaranteed.

The Corporation is a solvency regulator that insures depositors against failure of credit unions in Saskatchewan.

The Corporation’s system of deposit protection, including preventive approaches, strong levels of credit union capital and a strong guarantee fund ensure even the largest deposits are fully guaranteed.

In the history of the Corporation, no one has ever lost a dollar deposited in a Saskatchewan credit union.