What is DICO?

The Deposit Insurance Corporation of Ontario (DICO) is an agency of the Province of Ontario that is unrelated to the Ontario Securities Commission.

DICO provides deposit insurance for credit unions and caisses populaires in Ontario in the case that your credit union goes out of business. DICO provides up to $100,000 of coverage for deposits in unregistered accounts, and unlimited coverage for deposits in registered plans.

Learn more about DICO and types of deposits covered.