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
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- Does the borrower’s obligations to the institution continue after the institution is closed?
- Are any other cash liabilities of financial institutions covered?
- What procedure does the DIC follow after an institution has been closed?
Did You Know?
- Misconception: Certificates, deposit books and other documentary evidence of deposits held in a member institution are not relevant to making claims in the event of a failure. - Fact: A claim, supported by appropriate proof, must be made to the Deposit Insurance Corporation before payment of deposit insurance can be made. As such, all information including certificates, deposit books bank statements etc. would be required to facilitate a smooth payout process. See Tips for Depositors.