What Is Deposit Insurance?


DICO's deposit insurance protects deposits held in Ontario credit unions in the event that an insured institution is unable to repay all of its depositors.

Deposit insurance covers eligible deposits up to the prescribed statutory limit of $100,000. There are some deposits and investments that DICO does NOT insure, such as mutual funds and stocks. See What's Covered, What's Not Covered to learn if your deposits are protected by DICO.

All credit unions in Ontario are insured by DICO. See the current list of insured institutions.

Take a few minutes to find out if your deposits are insured.