Company Information

Get to know Credit Union Deposit Guarantee Corporation - Saskatchewan

Established in 1953, the Credit Union Deposit Guarantee Corporation (CUDGC) is a Treasury Board Crown Corporation of the Government of Saskatchewan. Its dual mandate is to guarantee the full repayment of deposits held in Saskatchewan credit unions and to act as the prudential regulator for the province's credit union system. CUDGC ensures the strength and stability of Saskatchewan credit unions through proactive regulation, monitoring, and by providing an unlimited guarantee on all deposits, a feature unique in Canada.

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Credit Union Deposit Guarantee Corporation - Saskatchewan

Canada

Founded in

1953 (73 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.