Credit unions · Nova Scotia
Nova Scotia credit union deposit insurance
Deposits at provincially regulated Nova Scotia credit unions are protected by the Nova Scotia Credit Union Deposit Insurance Corporation: up to $250,000 per member for basic deposits; joint deposits $250,000 combined; trust deposits separately to $250,000 for non-registered deposits.
Checked October 30, 2026| Nova Scotia | |
|---|---|
| Insurer | Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC) |
| Non-registered deposits | Up to $250,000 per member for basic deposits; joint deposits $250,000 combined; trust deposits separately to $250,000 |
| Registered deposits | Each RRSP, RRIF, TFSA and RESP contract insured separately to $250,000 |
| Complaints | Nova Scotia credit unions offer OBSI to their members. |
Good to know
- Every active Nova Scotia credit union must be insured by the corporation.
- Business deposits (corporations, partnerships, associations) are insured separately to $250,000.
- The corporation’s FAQ does not say how RDSPs and FHSAs are treated — ask your credit union.
How NS compares with CDIC
Nova Scotia’s limit ($250,000 for non-registered deposits) differs from CDIC’s $100,000 per category at each member. Check how joint, trust and registered deposits are treated in the table above.
Check whether your credit union is provincial or federal before relying on these limits — the directory shows each one.
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