September 15, 2017: Through collaboration between the DIC and the local chapter of Habitat for Humanity, the walkway around this two-bedroom house was completed. This collaborative effort is in keeping with the DIC’s corporate aspiration of positively impacting the lives of citizens across the country.
Frequently Asked Questions
- What is the insurance coverage on a trust account held under the provisions of an irrevocable express trust?
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- Is the insurance protection increased by placing funds in two or more types of deposit accounts in the same institution?
- Which institutions depositors are insured by the DIC?
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.