Company Information

Get to know Deposit Guarantee Corporation of Manitoba

DGCM is a Manitoba provincial Crown Corporation established to guarantee and protect the deposits of members of credit unions and caisses populaires in the province of Manitoba. Operating under the authority of *The Credit Unions and Caisses Populaires Act*, its primary mission is to ensure depositor confidence and contribute to the stability of the financial system in Manitoba. It provides an unlimited guarantee for all eligible deposits, meaning 100% of a member's deposits are protected without a maximum limit.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Deposit Guarantee Corporation of Manitoba

Canada

Founded in

1965 (61 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.