Canada Deposit Insurance Corporation (CDIC)

Wealth One Bank of Canada is a member of the Canada Deposit Insurance Corporation (CDIC).

The following Wealth One Bank of Canada accounts are eligible for deposit insurance from the CDIC, subject always to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits"and provided deposits must be in Canadian funds, payable in Canada, and have a term of no more than 5 years:

  • Savings Accounts (including TFSA, RSP savings accounts)
  • Guaranteed Investment Certificates (GICs) with terms of 5 years of less (including TFSA, RSP GICs)