Our Mandate, Vision, and Values
Mandate
The Credit Union Deposit Guarantee Corporation is the deposit guarantor for Saskatchewan credit unions, and the primary regulator for Provincially Regulated Financial Institutions (PRFIs).
We instill confidence in the province’s credit union system with a mandate of:
- Guaranteeing the repayment of deposits in Saskatchewan credit unions
- Establishing regulatory standards and ensuring PRFIs are performing to those standards
- Promoting responsible governance by PRFIs, and contributing to the strength and financial stability of the credit union system
- Directing PRFIs to take remedial action on material deficiencies, and any issue that may put depositors’ funds at risk and;
- Maintaining and managing a guarantee fund in a sound and prudent manner
Vision
To instill public confidence in the Saskatchewan credit union system.
Values
Accountable: We are accountable for our decisions, actions, inactions, and outcomes. We take responsibility for our work, follow through on commitments, and hold ourselves and each other to high standards of integrity and performance. Accountability means addressing issues proactively, making sound decisions, and being transparent in how and why we act.
As a provincial regulator, accountability is critical to maintaining confidence, stability, and trust in the credit union system. How we show up through consistent, responsible, and transparent actions, directly impacts our credibility and effectiveness. Internally, it creates a culture of clarity, trust, and ownership, where expectations are understood and performance is supported.
Adaptive: We are adaptive in anticipating, understanding, and responding to an evolving financial and regulatory landscape. We stay informed of emerging risks, trends, and opportunities within the credit union system and adjust our approach to support proactive, risk-informed oversight.
Adaptability also shapes how we work together. We remain open to new ideas, embrace change, and continuously strengthen our knowledge and skills. Internally, we support one another through change with clear communication and a willingness to adjust. This enables us to remain effective, resilient, and responsive, both as individuals and as an organization, while upholding our mandate to maintain system strength and financial stability.
Collaborative: We work collaboratively across teams, functions, and with stakeholders throughout the credit union system. We build strong, respectful relationships and value diverse perspectives, actively engaging others to achieve shared outcomes. Open communication and mutual respect are central to how we work together.
Collaboration is essential to fulfilling our mandate. By working effectively with others, we strengthen our regulatory impact, enhance decision-making, and build trust and confidence within the system. Internally, it fosters an inclusive and connected workplace where knowledge is shared, perspectives are valued, and success is collective.
Excellent: We are excellent in our work, delivering high-quality, rigorous, and reliable outcomes grounded in expertise and continuous improvement. We take pride in what we do and hold ourselves to high professional standards, ensuring our work is accurate, consistent, and impactful.
Excellence supports our mandate by strengthening the credibility and effectiveness of our regulatory oversight, contributing to confidence and stability in the credit union system. Internally, it fosters a culture of learning, growth, and pride, where employees are supported in developing their expertise and delivering meaningful, high-quality work.