Canada Deposit Insurance Corporation

The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation that protects your deposits of up to $100,000 at CDIC member institutions. Clients do not need to sign up for CDIC deposit protection, it’s free and automatic.

The following CWB Financial Group partner companies are CDIC member institutions:

  • Canadian Western Bank
  • Canadian Western Trust Company
  • Valiant Trust Company 

CWB Financial Group accepts CDIC eligible deposits under various trade names.  Trade names include the company names under which CDIC member institutions operate.  Trade names include:  

  • CWB
  • CWT
  • Canadian Western Trust
  • Motive Financial
  • Valiant Trust
  • CWB Financial Group
  • Fiducie Canadienne L'Ouest
  • Groupe Banque Canadienne de L'Ouest
CDIC bilingual

Eligible products and investments:

Personal accounts
  • Apex® Account
  • Basic Account
  • Youth Account
  • Student Account
  • Gold Leaf PLUS® Account
  • Motive® Chequing Account
  • Motive® Cha-Ching Chequing Account
  • Motive® Savvy Savings Account
  • Motive® Savings Account
  • Motive® RRSP Savings Account
  • Motive® TFSA Savings Account
  • Peak Performance® Account
  • Personal Chequing Account (No longer available)
  • Standard Chequing Account
  • Summit Savings Account
  • The Ultimate® Account
  • WestEarner® RRIF Demand Account
  • WestEarner® RRSP Demand Account
  • WestEarner® TFSA Account
  • Flex Notice Account
Business accounts
  • Business Current Account
  • Business Current Account PLUS
  • Business Savings Account
  • Cash Management Account Small
  • Cash Management Account Standard
  • Cash Management Account Large
  • Cash Management Account X-Large
  • Interest Reserve Account
  • General Trust Account
  • Organization Account
  • Property Tax Account
  • Strata Solution® Account
  • Trust Fund Investment Account
Term deposits and Guaranteed Investment Certificates
  • WestEarner Premium GIC
  • Motive® GIC
  • Motive® RRSP GIC
  • Motive® TFSA GIC
  • WestEarner® Convertible RRIF GIC
  • WestEarner® Convertible RRSP GIC
  • WestEarner® RRIF GIC
  • WestEarner® RRSP GIC
  • WestEarner® RRSP-X GIC
  • WestEarner® TFSA GIC
  • Valiant Trust Fully Redeemable RRIF GIC
  • Valiant Trust RRSP GIC
  • Valiant Trust RRIF GIC
  • Valiant Trust Convertible RRSP GIC
  • Valiant Trust Convertible RRIF GIC
  • Valiant Trust Premium GIC
  • Valiant Trust Short Term GIC
Redeemable term deposits and Guaranteed Investment Certificates
  • Canadian Savings Certificate
  • Floating Rate Redeemable Term Deposit
  • WestEarner® Fully Redeemable RRIF GIC
  • Valiant Trust Fully Redeemable RRIF GIC
Other
  • Canadian Dollar Drafts
  • Settlement Accounts for Unremitted Sales of Third Party Items
  • Suspense Accounts for Unposted Items
  • Term Deposits Paid Out with Cheques Not Yet Cleared