Deposits are insured up to a maximum of $250,000 in the following non-registered accounts:

• Chequing & Savings Accounts
• Guaranteed Investment Certificates (GIC) and other term deposits regardless of term of investment
• Money Orders
• Funds in Transit
• Index-linked Term Deposits (principal portion only)
• Trust Accounts
• Joint Accounts
• Business Accounts (e.g. Corporations, Partnerships)

Deposits have unlimited coverage when held in the following registered accounts:

• Locked-in retirement account (LIRA)
• Life Income Fund (LIF)
• Registered retirement savings plan (RRSP)
• Registered retirement income fund (RRIF)
• Registered disability savings plan (RDSP)
• Registered education savings plan (RESP)
• Tax-free savings account (TFSA)

The following are not insured through FSRA:

• Mutual Funds
• Stocks
• Shares
• Mortgages
• Membership Shares
• Patronage, investment or preferred shares issued by the credit union
• Foreign Currency Deposits
• Contents of Safety Deposit Boxes
• Securities held for safekeeping
• Bonds & Debentures Issued by Governments and Corporations
• Treasury Bills

To learn more and to download the Deposit Insurance Reserve Fund brochure visit fsrao.ca.