100% Deposit Guarantee

Rest assured that as an Assiniboine Credit Union member, all your deposits and interest are 100% guaranteed, without limit, by the Deposit Guarantee Corporation of Manitoba (DGCM).

As established under The Credit Unions and Caisses Populaires Act, DGCM is required by law to guarantee, without limit, all your deposits at a Manitoba credit union. However, DGCM does not guarantee or insure the equity of a credit union. Equity consists of shares issued by the credit union or other securities and surpluses of the credit union. Therefore, the Preferred Shares of Assiniboine Credit Union aren't guaranteed, but all other ACU deposits are. 

DGCM does not guarantee non-deposit instruments, such as common shares, surplus shares, preferred shares, mutual funds and self-administered RRSPs that are not deposits (e.g. equity shares, mutual funds).

 

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