Frequently Asked Questions
- What types of deposits are insured?
- Which institutions depositors are insured by the DIC?
- Does deposit insurance protect the interests of creditors other than depositors of a failed institution?
- How is a depositor notified of the date and place of payment of his or her claim after an institution is closed?
Did You Know?
- Misconception: Deposit insurance can be claimed while the member institution is still continuing in operation. - Fact: Deposit insurance is ONLY activated upon closure of a member institution.
