§ 18481 Guaranteed Investment Certificates

• •A 'guaranteed investment certificate' is a safe way to save money.
• •It is protected by a company called Guaranty Corporation.
• •This rule was made to help keep people's savings safe.

You put money in a special savings account at the bank.

This savings account is called a 'guaranteed investment certificate' and is protected, so you won’t lose your money even if something bad happens to the bank.