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
- If a person has an interest in more than one joint account, what is the extent of his or her insurance coverage?
- Can a depositor leave his/her deposit with the transferee institution?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- How does the closing of an institution affect interest accruing on a deposit?
Did You Know?
- Misconception: Depositors of a failed member institution would receive payment immediately upon closure of the failed member. - Fact: The legislation governing the operations of the Deposit Insurance system provides for payout to commence within 3 months of the closure of a member institution.