Frequently Asked Questions
- Are Mutual Funds insured?
- Does deposit insurance protect the interests of creditors other than depositors of a failed institution?
- Are any other cash liabilities of financial institutions covered?
- What is the insurance coverage on a trust account held under the provisions of an irrevocable express trust?
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.
