Protection
The following is an example of the CUDIC coverage that you and another member may have with the same credit union:
REGISTERED PLANS
RRSPs RRIFs & TFSAs
100% of deposits*
YOU
Shares, savings, chequing and term deposits
$125,000
Deposits made in trust for another person
$125,000
RRSPs RRIFs & TFSAs
100% of deposits*
$250,000
THE OTHER MEMBER
Shares, savings, chequing and term deposits
$125,000
Deposits made in trust for another person
$125,000
RRSPs RRIFs & TFSAs
100% of deposits*
$250,000
DEPOSITS HELD JOINTLY BY BOTH OF YOU
Shares, savings, chequing and term deposits
$125,000
$125,000
I) TOTAL COVERAGE REGULAR DEPOSITS
$625,000
II) TOTAL COVERAGE RRSPs RRIFs & TFSAs
100% of deposits*
* Subject to insurability