EQUITY CREDIT UNION IS IN GOOD FINANCIAL SHAPE

The turmoil in the financial markets has prompted some of our members to be concerned about the economy, the safety of their deposits and the stability of Canadian Financial Institutions.

Some members have asked about the turmoil in the financial markets and how it may be affecting Equity.

• First and foremost, Equity is in a strong financial position.
• Your money is safe and secure with your credit union.
  No member of an Ontario credit union has ever lost a cent of his or her deposits. The Deposit Insurance Corporation of Ontario insures Canadian currency deposits, including interest, to a maximum of $100,000 per individual. It also insures each separate RRSP and RRIF contract and each unique trust or joint account to a maximum of $100,000 per account.
  For full details on deposit protection, visit www.dico.com.
• We continue to maintain high levels of Capital reserves despite the current turmoil in financial markets;
• Your Board, management and staff are monitoring these troubled times closely and reacting accordingly.

If you have any further questions or concerns, do not hesitate to contact
Thomas Dimson, General Manager, at 416-463-3163 ext 226.