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Canada Deposit Insurance Corporation (CDIC)


1Q banking services are provided by KEB Hana Bank Canada.
KEB Hana Bank Canada is a member of Canada Deposit Insurance Corporation (CDIC).

Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation that protects your deposits at financial institutions which are CDIC members. CDIC protects eligible deposits up to a maximum of $100,000 (principal + interest combined) per depositor, per insured categories.

  1. To be eligible for deposit insurance, deposits must be:
    - payable in Canada
    - in Canadian currency
    - have a term of no greater than 5 years

Eligible 1Qbanking deposit instruments and/or products

The following instruments and/or products are eligible for deposit insurance from the CDIC, subject always to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits"

  • 1Q Chequing accounts
  • 1Q CAD Savings accounts
  • 1Q Dream FID accounts
  • 1Q INSTA
  • 1Q CAD Term Deposit accounts

For more details, please visit