Frequently Asked Questions
- What happens to cheques which are not cleared on a depositor’s account before the business of the institution is closed?
- What is the insurance coverage on a trust account held under the provisions of an irrevocable express trust?
- How does a depositor establish an insurance claim?
- What does a deposit transfer involve?
Did You Know?
- Misconception: Mutual Funds are covered by Deposit Insurance. - Fact: Mutual funds, be they general or issued as a member’s proprietary funds, are NOT covered by deposit insurance.
