Credit unions · Saskatchewan
Saskatchewan credit union deposit insurance
Deposits at provincially regulated Saskatchewan credit unions are protected by the Credit Union Deposit Guarantee Corporation: unlimited — the full amount of all deposits for non-registered deposits. Federal credit unions are covered by CDIC instead. Below: the insurer’s rules for registered deposits, how to complain, and the province’s credit unions.
Checked October 30, 2026How much of my money is protected at a Saskatchewan credit union?
Worked example — non-registered deposits at one Saskatchewan credit union
| Deposit | Amount | Protected | Not protected |
|---|---|---|---|
| $50,000 in your own name at one Saskatchewan credit union | $50,000 | $50,000 | $0 |
| $150,000 in your own name at one Saskatchewan credit union | $150,000 | $150,000 | $0 |
| $300,000 in your own name at one Saskatchewan credit union | $300,000 | $300,000 | $0 |
Saskatchewan protects eligible deposits in full, so the amount doesn’t change the answer. Federal credit unions in Saskatchewan are covered by CDIC instead, at $100,000 per category.
| Saskatchewan | |
|---|---|
| Insurer | Credit Union Deposit Guarantee Corporation (CUDGC) — Saskatchewan |
| Non-registered deposits | Unlimited — the full amount of all deposits |
| Registered deposits | Unlimited |
| Complaints | Saskatchewan credit unions offer OBSI to their members. |
Good to know
- CUDGC Saskatchewan is both the deposit guarantor and the prudential regulator for Saskatchewan credit unions.
- The guarantee excludes equity or capital shares, mutual funds and securities, and safety-deposit-box contents.
Profiles in our directory
How SK compares with CDIC
Saskatchewan credit union deposits have no dollar cap, while CDIC covers up to $100,000 per category at each member. A federal credit union in Saskatchewan would be CDIC-insured instead.
Check whether your credit union is provincial or federal before relying on these limits — the directory shows each one.
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