A common question we get is whether or not KOHO is CDIC insured. We completely understand that you want to make sure your funds are safe with us. KOHO itself is not CDIC insured. In the unlikely event that KOHO fails, your funds will be returned to you by Peoples Trust Company (our partnering bank who holds your funds).

Are Accounts Earning 1.2% Interest CDIC Insured?

Yes! All cash balances from your account(s) earning interest are held in trust at a Canada Deposit Insurance Corporation (CDIC) (https://www.cdic.ca/about-us/) member institution. Coverage is free and automatic.

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