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
- Will the Corporation offset a deposit balance held by a customer against the balance due on the loan?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- If two or more persons, for example a husband and wife, have, in addition to the individually owned accounts of each, a valid joint account in the same insured institution, is each account separately insured?
- Which institutions depositors are insured by the DIC?
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.