Credit Union Deposit Insurance Corporation (CUDIC)
Your money is 100% protected with Beem.
At Beem, all your deposits are fully guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).
What's covered?
Money deposited with a BC credit union is 100% protected, including accrued interest, regardless of the length of the term of maturity. These deposits include:
- Savings accounts
- Spending accounts
- Term deposits
- Foreign currency deposits
- Registered and tax-free savings accounts
- Trust accounts
What's not covered?
- Credit union equity shares
- Investments such as mutual funds or RRSP equity plans
- Safe deposit boxes
For more information visit the CUDIC website or contact them directly:
Credit Union Deposit Insurance Corporation
Local: 604-660-3555
Toll-free: 1-866-206-3030
Email: info@bcfsa.ca
Website: bcfsa.ca/public-resources/credit-union-deposit-insurance
Becomea member
With nearly 200,000 members across BC, you’ll be joining a credit union that has focused on the financial wellness of its community for over 80 years.
