Deposit Guarantee Corporation of Manitoba

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About Deposit Guarantee Corporation of Manitoba

The Deposit Guarantee Corporation of Manitoba (DGCM) commenced operations in 1965 as the Credit Union Stabilization Fund guaranteeing deposits in credit unions and caisses populaires on a voluntary basis.

In 1968, legislation was enacted which enabled caisses populaires to form their own stabilization fund and required both credit unions and caisses populaires to be covered by a ‘deposit guarantee corporation’. The Credit Union Stabilization Fund and “le Fonds de sécurité” were both formed.

In 1994 the Credit Union Stabilization Fund was renamed and became the Credit Union Deposit Guarantee Corporation. “Le Fonds de sécurité” was later renamed “La Société d’assurance-dépôts des caisses populaires du Manitoba”.

In 2011, the Credit Union Deposit Guarantee Corporation and “La Société d’assurance-dépôts des caisses populaires du Manitoba” were amalgamated and renamed the Deposit Guarantee Corporation of Manitoba, once again guaranteeing deposits in both credit unions and the caisse.

Contact Deposit Guarantee Corporation of Manitoba

Address :

200 Graham Ave #390, Winnipeg, MB R3C 4L5, Canada

Phone : 📞 +988
Website : https://dgcm.ca/
Categories :
City : C

200 Graham Ave #390, Winnipeg, MB R3C 4L5, Canada
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