Protection
The following is an example of the CUDIC coverage that you and another member may benefit from with the same credit union:REGISTERED PLANS
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
YOU
Shares, savings, chequing and term deposits
$250,000
Deposits made in trust for another person
$250,000
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
$500,000
THE OTHER MEMBER
Shares, savings, chequing and term deposits
$250,000
Deposits made in trust for another person
$250,000
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
$500,000
DEPOSITS HELD JOINTLY BY BOTH OF YOU
Shares, savings, chequing and term deposits
$250,000
$250,000
I) TOTAL COVERAGE REGULAR DEPOSITS
$1,250,000
II) TOTAL COVERAGE RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
* Subject to insurability