About CUDIC - Nova Scotia Credit Union Deposit Insurance Corporation

Man With Gandson

We are the Prudential Regulator for Credit Unions and Caisses Populaires in Nova Scotia.

“To maintain member, stakeholder and public confidence in the Nova Scotia Credit Union System.”

To fulfill the role as primary regulator of Nova Scotia Credit Unions and Atlantic Central.
To provide insurance for eligible member deposits.
To establish prudential standards of sound business and financial practices and to ensure adherence to these standards in the Credit Union System.
To take remedial action to mitigate risks and ensure the stability of Nova Scotia Credit Unions and the Atlantic Central.
To promote good governance and contribute to the strength of the Credit Union System.
To maintain and effectively manage a deposit insurance fund.