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Home FAQ How is a depositor notified of the date and place of payment of his or her claim after an institution is closed?
How is a depositor notified of the date and place of payment of his or her claim after an institution is closed? Print E-mail

Information regarding the date and place of payment will be published in the press.

 
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Disclaimer

Please Note: This website is designed to give general information about deposit insurance and should not be relied upon as definitive. The actual deposit insurance coverage provided by BDIC following the failure of a member institution is based on the deposit account records at the failed member institution and is governed by the Deposit Insurance Act.