September 21 & 22, 2017: This initiative saw Staff bring their culinary skills to the fore and prepare meals to serve over 400 socially displaced persons over a two-day period.
Frequently Asked Questions
- When can an eligible depositor expect to receive his or her money?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- Are foreign deposits insured?
- If a depositor has more than $125,000 (the current insured limit) in a failed institution and is paid $125,000 by the DIC, what happens to the amount in excess of $125,000?
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$125,000.