Deposit Guarantee Corporation of Manitoba (DGCM)

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200 Graham Ave
Winnipeg, MB R3C 4L5
+1 (204) 942-8480
https://dgcm.ca

The Deposit Guarantee Corporation of Manitoba (DGCM) is a regulatory body established in 1965 that guarantees 100% of deposits held in Manitoba credit unions, ensuring the stability and sound business practices of these financial institutions. With a mandate to monitor performance and implement risk-reduction measures, DGCM plays a crucial role in maintaining public confidence in the credit union system.

In addition to guaranteeing deposits, DGCM oversees the Credit Union Central of Manitoba (CUCM) and enforces standards of sound business practices and prudential standards for credit unions. The organization operates a Guarantee Fund, funded through assessments from credit unions, to protect depositors in the unlikely event of a credit union failure.

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