September 23, 2019 and November 01, 2019: The DIC partnered with the Living Water Community and volunteered its services to package hampers containing food items and toiletries for distribution to persons in need.
Frequently Asked Questions
- How is a depositor notified of the date and place of payment of his or her claim after an institution is closed?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- Does deposit insurance protect the interests of creditors other than depositors of a failed institution?
- What types of deposits are insured?
Did You Know?
- Misconception: Placing funds in different types of deposits such as CDs, Chequing, Savings with the same member institution would increase insurance coverage. - Fact: Deposits held by the same person in the same member institution in the form of CD’s, Chequing and Savings accounts are added together and insured up to a maximum of TT$200,000.
