Mandate
To provide risk-based regulatory oversight and a deposit guarantee to enable a safe and sound credit union system in Alberta.

Primary Role

• Provide a 100% guarantee of deposits held with Alberta credit unions
• Regulate credit unions and enforce the Credit Union Act
• Review, advise and direct credit unions on sound business practices
• Monitor credit union performance and implement appropriate actions to improve performance and reduce risks
• Establish individual credit union loan approval limits and provide an appropriate adjudication process for loans exceeding these limits

Corporate Values

• Integrity
  
• Respect
  
• Accountability
  

Core Operations

There are three interrelated core operations that contribute to fulfilling our mandate:


• guaranteeing deposits
  
• regulating credit unions, and
  
• managing our business
  

Unclaimed Balances

Unclaimed balances are customer accounts, transferred from Alberta credit unions after ten years of inactivity, to the Credit Union Deposit Guarantee Corporation (Corporation).

The Corporation published in Edmonton and Calgary newspapers the unclaimed balances received from credit unions in 2017.

Unclaimed balances advertised in previous years are also held by the Corporation. If you have an unclaimed balance, contact Colette Campbell, Accountant by EMAIL: ccampbell@cudgc.ab.ca; PHONE: 780 426 8667; FAX: 780 428 7571; or MAIL to Suite 2000, 10104 - 103 Avenue NW Edmonton, AB T5J 0H8.


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