deposit guarantee corporation of manitoba

The Deposit Guarantee Corporation of Manitoba (DGCM) is a provincial Crown Corporation established under The Credit Unions and Caisses Populaires Act of Manitoba, Canada. Its primary mandate is to provide a 100%, unlimited guarantee on all deposits held with Manitoba credit unions and caisses populaires, protecting depositors against financial loss. DGCM also plays a crucial role in the stability of the provincial financial system by promoting sound business practices and ensuring a comprehensive system of standards is in place for the institutions it covers.