Financial Services Regulatory Authority of Ontario (FSRAO)
FSRA deposit insurance program protects insurable deposits held with Ontario credit unions and caisses populaires. Deposit insurance is part of a comprehensive depositor protection program that ensures the safety and soundness of credit unions and caisses populaires.
- Your deposits are automatically insured up to the $250,000 limit (amount is unlimited for deposits in registered plans)
- You don’t have to pay for deposit insurance. Premiums are paid to FSRAO by credit unions and caisses populaires.