FAQ Category: 100% Deposit Guarantee

Do I have to live in Manitoba to be covered?

No—your deposits are fully protected even if you live outside of Manitoba.

What is not covered by the deposit guarantee?

The guarantee does not cover non-deposit investments, such as mutual funds or share capital.

What types of deposits are covered?

The guarantee covers all deposits, including savings accounts, term deposits, and even accrued interest up to the payout date.

Who provides the deposit guarantee?

All deposits with Hubert are guaranteed by the Deposit Guarantee Corporation of Manitoba (DGCM), which protects deposits held at Manitoba credit unions.

What does the 100% deposit guarantee mean?

It means every dollar you deposit with Hubert is fully protected—there’s no limit on coverage, so your savings (and interest) are completely secure.