Deposit Insurance

Guaranteed peace of mind 

The Financial Service Regulatory Authority of Ontario (FSRA) provides deposit protection for all eligible deposits held at Ontario credit unions.  This deposit insurance is part of comprehensive depositor protection program for all Ontario credit unions and is backed by provincial legislation. Subject to coverage limits, eligible deposits held with FSRA member institutions are automatically insured; you do not have to apply for coverage.

At Kingston Community Credit Union, eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).  Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA).

What is covered under the credit union deposit insurance coverage?

For further details on deposit insurance coverage, please refer to this information booklet, which provides details and answers to many commonly asked questions.