Whether you've got account deposits, term deposits, GICs or other foreign currency deposits, Island Savings provides a 100% guarantee on deposits through the Credit Union Deposit Insurance Corporation.
The protection applies to all money on deposit in personal and business accounts, including:
- Chequing accounts
- Savings accounts
- Term deposits & GICs
- Foreign currency deposits
- Registered & tax-free savings accounts
Plus, accrued interest on deposits is also 100% guaranteed.
For further details on CUDIC and deposit insurance, feel free to contact us. Or, you can visit the CUDIC website for more information.