Like most Canadians, credit union members are worried about the current turmoil in the financial markets. Many want to know if their credit union remains sound and reliable, and whether their deposits are safe. The answer to both questions is: yes.


 Are my deposits insured?


  • More than one million British Columbians enjoy the solid security and peace of mind that comes from saving at their credit union.  The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, protects all British Columbia credit union depositors.  Security, dependability, and trust - that's the unbeatable combination you will find at Spruce Credit Union.
  • Current details on deposit insurance are available at the Financial Institutions Commission website


Spruce Credit Union offers many investment options to our members. We would like to help you find those that best suit your needs. We provide access to term deposits, term savings accounts, high yield savings account, registered plans, mutual funds*, on-line brokerage services as well as the services of a certified financial planner.

*Mutual funds and related financial planning services are offered through Credential Asset Management Inc.  Online brokerage services are offered through Qtrade Direct Investing.  Mutual funds, other securities and securities related financial planning services are offered through Credential Securities.  Qtrade Direct Investing and Credential Securities are divisions of Credential Qtrade Securities Inc.  Qtrade and Qtrade Direct Investing are trade names and trademarks of Aviso Wealth.  Unless otherwise stated, mutual fund securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.  Credential Securities is a registered mark owned by Aviso Wealth Inc.