| Can a depositor leave his/her deposit with the designated member institution? |
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| Yes, a depositor, if he/she wishes, can open an account with the transferee institution for the full amount or part of his/her deposit. |
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.
