(May 17 15:50 ET) – Canada Deposit Insurance Corporation (CDIC) announced two recent changes to its list of member institutions.
CDIC has approved CCF Canada’s application for deposit insurance. The company’s membership will take effect when it accepts its first deposit eligible for deposit insurance protection.
Hanvit Bank Canada has had its policy of deposit insurance cancelled. The bank has ceased taking deposits and is winding up its business in Canada.
-IE Staff