Frequently Asked Questions
- If a person has an interest in more than one joint account, what is the extent of his or her insurance coverage?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- When is deposit insurance payable?
- When can an eligible depositor expect to receive his or her money?
Did You Know?
- Misconception: Mutual Funds are covered by Deposit Insurance. - Fact: Mutual funds, be they general or issued as a member’s proprietary funds, are NOT covered by deposit insurance.