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
- When is the Liquidator appointed?
- Does the borrower’s obligations to the institution continue after the institution is closed?
- Are any other cash liabilities of financial institutions covered?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
Did You Know?
- Misconception: Deposit insurance can be claimed while the member institution is still continuing in operation. - Fact: Deposit insurance is ONLY activated upon closure of a member institution.