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Canada Deposit Insurance Corporation

Protecting the savings of Canadians

The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation created to protect your deposits with member financial institutions in case of their failure. Concentra Bank and Concentra Trust are each member institutions of the CDIC. We encourage you to learn about CDIC protection by visiting CDIC's website, cdic.ca

We also do business under our trade names:

  • Wyth Financial is a trade name of Concentra Bank.
  • Wyth Trust is a trade name of Concentra Trust.


    Eligible Deposits

    Deposit insurance eligibility is subject to maximum coverage limitations, per insured category, per depositor, as outlined in CDIC's "Protecting Your Deposits", and provided such deposits are payable in Canada. Eligible deposits held in each Concentra Bank and Concentra Trust are protected separately.

    Deposits made under Wyth Financial and Concentra Bank are aggregately eligible for CDIC protection up to $100,000, per category, per depositor.

    Deposits made under Wyth Trust and Concentra Trust are aggregately eligible for CDIC protection up to $100,000, per category, per depositor.

    • Please see the "Eligible Products" lists below for a complete listing of Concentra's products eligible for CDIC coverage.

    If you require more information on CDIC:

    Call: 1-800-461-CDIC (1-800-461-2342)

    Email: info@cdic.ca

    Web: www.cdic.ca