December, 2019: The staff participated in a charity drive by donating toys to the Trinidad and Tobago Cancer society to be distributed to children battling cancer. Each toy donated was beautifully wrapped and labelled according to the gender and age group of the children. The Holiday Season can be a difficult time for an ailing child and receiving a gift can bring joy and cheer to children at a time when they need it the most.
Frequently Asked Questions
- How does a depositor establish an insurance claim?
- What happens to cheques which are not cleared on a depositor’s account before the business of the institution is closed?
- How quickly will the Liquidator make payments on certificates?
- Is the insurance protection increased by placing funds in two or more types of deposit accounts in the same institution?
Did You Know?
- Misconception: All financial institutions that take deposits are covered under the Deposit Insurance Fund - Fact: ONLY member institutions that are licensed under the Financial Institutions Act, 2008 are covered under the Deposit Insurance Fund. This legislation provides for the regulation of commercial banks and other institutions engaged in the business of banking and business of a financial nature.
