News and Events

Increase to Deposit Insurance Coverage

Effective January 1, 2018, your non-registered Canadian deposits at Sudbury Credit Union are now insured for up to $250,000 through the Deposit Insurance Corporation of Ontario (an increase from the previously insured amount of $100,000). Registered deposits and TFSAs continue to have unlimited coverage.

For more information, please view the brochure from the Deposit Insurance Corporation of Ontario.

Aviso Wealth

Desjardins Group and a partnership comprised of Canada's five provincial credit union centrals (the Centrals) and The CUMIS Group have entered into a definitive agreement to merge the businesses of their subsidiaries, Credential Financial Inc., Qtrade Canada Inc. and NEI Investments. The transaction will create one of Canada's largest independent wealth management firms with more than 500,000 clients across the country and over $55 billion in combined client assets under administration and management.

Read the full News Release (Dec 12, 2017)