When you trust your investments with 1ST Financial Centre, you get the benefit of being able to invest with all of the top banks and financial institutions, including credit unions, without having to shop around for the best rate. You automatically get a preferred broker rate for your hard earned money to grow even faster.
Founded in 1987, the Registered Deposit Brokers Association (RDBA) is the professional standards Self-Regulatory Organization (SRO) for the Canadian Deposit Broker Industry. Membership in the organization includes Financial Institutions, Deposit Brokers and their representatives who sell deposit products for them. Our primary goal is to protect the interests of investors served by the deposit industry. The RDBA sets a high standard of regulatory and industry best practices and business conduct for its members and provides training and education. The organization is a strong supporter of a regulated industry and strives to work closely with federal and provincial governments and other regulators to insure investor safety and compliance with regulatory mandates.
An affiliated member of the RDBA. The member must have passed a certification exam to enable him or her to use this certification.
Those wanting to become a CFP professional must take extensive exams in the areas of financial planning, taxes, insurance, estate planning and retirement. Attaining the CFP designation takes experience and a substantial amount of work. CFP professionals must also complete continuing education programs each year to maintain their certification status.
Canada Deposit Insurance Corporation
The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation created by Parliament in 1967 to protect your deposits made with member financial institutions in case of their failure. CDIC is NOT a bank. CDIC is NOT a private insurance company. CDIC helps keep Canada’s financial system strong. We work for Canadians—by insuring their savings in case a CDIC member institution fails. • You don’t need to sign up for our insurance. CDIC deposit insurance is automatic – for eligible deposits at its member institutions. • You don’t pay for our insurance. CDIC member institutions fund deposit insurance through premiums paid on the insured deposits that they hold.