The Financial Services Regulatory Authority of Ontario's (FSRA's) deposit insurance premiums are calculated through the differential premium score determination system (DPSD). The system offers credit unions a way to lower their premiums by reducing their risk profile.

The DPSD is based on two risk measures: capital and corporate governance. Assessment procedures and premium rates are reviewed annually to ensure the DPSD system is achieving its goal of reducing risk-taking behaviour in the sector.

For more information, please refer to:

Credit Unions and Caisses Populaires Act, 1994

Differential premium score determination

DPS continuous premium calculation tool [XLSX]

ICAAP (internal capital adequacy assessment process)

Monthly data filing/completion guide