Financial Community and Trustees


As of April 1, 2023, deposits held in First Home Savings Accounts (FHSA) will be separately insured for up to $100,000 (principal and interest combined) at each CDIC member institution. The addition of the FHSA category complements a series of other recent changes to enhance CDIC deposit protection to reflect how Canadians bank and save.

For Member Institutions

Once a financial institution becomes a CDIC member, there are certain responsibilities and regulatory requirements that must be met. CDIC recognizes that the deposit insurance framework can be difficult to navigate and the resources on this page are to help our members understand the conditions associated with membership and CDIC’s expectations for compliance. 

We encourage you to consult these resources and check back regularly for updates about CDIC consultations, regulatory changes, member outreach activities and other important information for members.

As part of our commitment to fostering collaborative and productive relationships with our members, we welcome your feedback. If you have any questions or comments, please feel free to contact us at We’re here to help!

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