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Home About Deposit Insurance What is Deposit Insurance?
What is Deposit Insurance? Print E-mail

Deposit Insurance is a measure implemented to protect depositors in full or in part, from losses caused by a financial institution’s inability to pay its debts when due.

 
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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.