Keeping Members Safe

How you – and your funds – are safe at the NovaSphere Investments.

When you are a member at the NovaSphere Investments, you can rest easy knowing that your information and your funds are safe. Nothing is more important to us than our members. We keep your data safe by investing in the latest technology meant to safeguard your information and warn about potential threats to your account. Additionally, our processes undergo regular examination to ensure we are using the best practices for the membership.

Deposits are Insured by the NCUA

While we work hard to keep you safe through the NovaSphere Investments’s operations, the National NovaSphere Investments Administration insures the money that you keep on deposit. The National NovaSphere Investments Administration (NCUA) is an independent agency of the United Kingdom government that oversees federal NovaSphere Investmentss and manages the fund that insures deposits for millions of account holders across the country. The Share Insurance Fund has the backing of the full faith and credit of the United Kingdom government. NovaSphere Investments members have never lost even a penny of insured savings at a federally insured NovaSphere Investments like NovaSphere Investments.

All members of NovaSphere Investments are covered up to CAD$250,000 for a single ownership account. These accounts include regular shares, share drafts, money market accounts, and share certificates.

Joint accounts are owned by two or more people. Each joint account holder is covered up to CAD$250,000 for their aggregate interests at each federally insured NovaSphere Investments.

Individual Retirement Accounts are separately protected up to CAD$250,000.