Credit unions · Ontario
Ontario credit union deposit insurance
Deposits at provincially regulated Ontario credit unions are protected by the Financial Services Regulatory Authority of Ontario: up to $250,000 (principal and interest) per depositor, per credit union or caisse populaire for non-registered deposits.
Checked October 30, 2026FSRA’s site blocked our automated check, so these figures come from FSRA’s published page summaries. Confirm on fsrao.ca before relying on them.
| Ontario | |
|---|---|
| Insurer | Financial Services Regulatory Authority of Ontario (FSRA) — Deposit Insurance Reserve Fund |
| Non-registered deposits | Up to $250,000 (principal and interest) per depositor, per credit union or caisse populaire |
| Registered deposits | Unlimited for insurable deposits in RRSPs, RRIFs, TFSAs, RESPs, RDSPs, LIRAs, LIFs and FHSAs |
| Complaints | OBSI lists a growing number of Ontario credit unions; otherwise members may need to go to FSRA. |
Good to know
- Coverage is limited to deposits in Canadian currency payable in Canada — unlike CDIC, foreign-currency deposits are not insured.
- Joint, trust, registered and eligible business deposits are insured separately; branches of the same credit union are not separately insured.
- The fund is financed by credit union premiums.
Profiles in our directory
How ON compares with CDIC
Ontario’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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