Deposit Protection. The Credit Union is committed to providing a safe and sound capital structure through the retention of earnings to guarantee the protection of our members’ deposits. In addition to the strength of our capital, depositors’ funds are insured to $250,000 per depositor by the National Credit Union Share Insurance Fund. This insurance coverage applies to the total of a person’s funds in checking, investment and savings deposits and certificates of deposit. Member service personnel are available to discuss protection for your deposits in excess of $250,000.
Deposit Protection. The Bank is committed to providing a safe and sound capital structure through the retention of earnings to guarantee the protection of our customers’ deposits. All of a depositor’s accounts at an insured depository institution will be insured by the FDIC up to the Standard Maximum Deposit Insurance Amount (SMDIA) of $250,000 for each deposit insurance ownership category. Insurance coverage applies to a person’s funds in checking, savings deposits, certificates of deposit, and bank money market accounts, as well as bank Individual Retirement Accounts. Bank personnel are available to discuss protection for your deposit accounts. For more information about FDIC insurance go to xxx.XXXX.xxx or call 0.000.XXX.XXXX (0.000.000.0000).
Deposit Protection. If the landlord asks for a deposit, check that it will be protected in a government approved scheme. Some schemes hold the money, and some insure it. You may be able to access a bond or guarantee scheme that will help you put the deposit together. Contact your local authority for advice. □ You may be offered a deposit replacement product as an alternative to a cash deposit. A landlord or agent cannot require you to use a deposit replacement product but may allow it as an option without breaking the Tenant Fees Act. There are several different deposit replacement products available on the market. Depending on the product, you may be required to pay a non- refundable fee up-front (often equivalent to one week’s rent) and/or a monthly payment for the duration of your tenancy. With most products you will still be responsible for the costs of any damages incurred at the end of the tenancy or required to pay an excess on any claim for damages or unpaid rent. It is strongly advised to always check the terms and conditions and to see if it is regulated by the Financial Conduct Authority (FCA). □ Length of tenancy. There is usually a fixed period of 6 or 12 months. If you want more security, it may be worth asking whether the landlord is willing to agree to a longer fixed period. Alternatively, you may be offered a weekly or monthly assured shorthold tenancy which does not last for a fixed period. Even with those tenancies, however, the landlord must allow you to stay in the property for a minimum of 6 months. □ Smoking and pets. Check if there are any rules about them, as well as for other things such as keeping a bike, dealing with refuse and recycling. □ Bills. Check who is responsible for bills such as electricity, gas, water and council tax. You or the landlord? Usually the tenant pays for these. Advice on paying bills is available here. □ Fixtures and fittings. Check you are happy with them, as it is unlikely that you will be able to get them changed once you have moved in. □ Smoke alarms and carbon monoxide detectors. Landlords must have at least one smoke alarm installed on every storey of a property they let out. In addition, if you have solid fuel appliances like wood burning stoves or open fires, check carbon monoxide detectors must be provided. If not, your landlord must install them. They could save your life.
Deposit Protection. Funds in your account(s) with the Credit Union are insured by the National Credit Union Administration (NCUA) and backed by the full faith and credit of the United States. The amount of insurance coverage you have depends on the number of accounts you have with us that are of different "ownership." An individual account is one unique form of "ownership"; a joint account, a beneficiary/trust account, and a self-directed qualified retirement account (e.g. an XXX) are examples of some of the others. Share insurance for a person's self-directed qualified retirement account is up to $250,000. (An XXX is a self-directed qualified retirement account as is any account where the owner decides where and how to invest the balance.) Share insurance for the other ownerships is at least $250,000 per interest of the owner.
Deposit Protection. Members’ funds are insured to $250,000 per member by the National Credit Union Share Insurance Fund in accordance with the terms and conditions of the National Credit Union Administration’s (NCUA) Rules and Regulations. Under the NCUA’s Rules and Regulations, up to $250,000 in deposit insurance will be provided for the money a Member has in a variety of accounts. In addition, Individual Retirement Accounts and other retirement accounts will be protected under the new rules to $250,000 and are insured separately from other accounts at the same Credit Union that will continue to be insured up to at least $250,000. Members exceeding the maximum level of coverage provided by NCUA may also be insured up to an additional $250,000 by insurance provided by Excess Share Insurance (ESI). Excess deposit insurance is payable only upon the failure and liquidation of the Credit Union. Please contact the Credit Union for more information. Additional coverage is available upon request from you at a nominal fee.
Deposit Protection. SAMPLE The deposit you provide to your builder is protected up to certain limits if your builder goes bankrupt, fundamentally breaches your Agreement of Purchase and Sale or you exercise your legal right to terminate it. Deposit coverage limits are $60,000 if the purchase price is $600,000 or less and 10% of purchase price to a maximum of $100,000if the purchase price is over $600,000. This protection includes the money you put down towards upgrades and other extras. Delayed Closing Coverage Your builder guarantees that your home will be ready for you to move in by a date specified in the Agreement of Purchase and Sale or a date that has been properly extended (if for certain reasons the original closing date cannot be met). You may be able to claim up to $7,500 from your builder in compensation if they do not meet the conditions for an allowable extension that are outlined in the Addendum to your Agreement of Purchase and Sale.
Deposit Protection. 7.1 Move Estate Agents Limited uses the Deposit Protection Service (DPS) Custodial tenancy protection scheme. The contact details are the Deposit Protection Service (DPS), The Pavilions, Bridgwater Road, Bristol BS99 xxx.xxxxxxxxxxxxxxxxx.xxx
Deposit Protection. Funds in your account(s) with the Credit Union are insured by the National Credit Union Administration (NCUA) and backed by the full faith and credit of the United States. The amount of insurance coverage you have depends on the number of accounts you have with us that are of different "ownership." An individual account is one unique form of "ownership"; a joint account, business account, a beneficiary/trust account, and a self‐directed qualified retirement account (e.g. an XXX) are examples of some of the others.
Deposit Protection. Legally all tenancy deposits must be protected using a registered ‘tenancy deposit scheme’ (sometime called a deposit protection scheme). Within 30 days of handing over your deposit the landlord must protect it, and, by law, they must also give you specific information that confirms the deposit protection arrangements for your tenancy (sometimes called ‘prescribed information’). This information includes a certificate from the tenancy deposit scheme with a unique reference number on it, along with your names, the deposit amount and the details of your tenancy. Both you and your landlord should sign the certificate. It is important that this is kept safe as it may come in useful later on. Your landlord must also give you a copy of the scheme’s ‘Information to tenants’ leaflet. For administrative purposes one of you will need to be listed as the ‘Lead Tenant’ in all matters relating to deposit protection. The Lead Tenant is named as such on the certificate, signs the certificate, and will be responsible for dealing with the scheme if the need arises. The Different Schemes There are four registered tenancy deposit schemes. Landlords are free to choose which one they want to use, and from a tenant’s point of view they all offer the same protection. The Deposit Protection Service takes the money from the landlord and holds it throughout the tenancy. In an insured deposit protection scheme landlords keep hold of the money throughout the tenancy. The money is only handed over to the scheme if there is a dispute.
Deposit Protection. Merit Capital participates in the Belgian deposit and investor protection scheme. The “Protection Fund for Deposits and Financial Instruments” was established by the law of 17 December 1998. The new system applies to deposits and securities with all credit institutions, brokerage firms and asset management companies. The intention is to offer the customer, and more specifically the 'small saver', reasonable protection in the event that the bank or brokerage firm is no longer able to meet its obligations. The compensation is set at EUR 100,000 for deposits and EUR 20,000 for securities. The amount of the compensation is determined per person and not per account.
