Who are DIC Member Institutions?

Once a licensed banking institution has Bahamian Dollar deposits, membership in the DIC is compulsory. While credit unions have Bahamian dollar savings of their members, these are not covered under the existing DIC scheme. Also, US dollar and other foreign currency deposits held at member institutions are not eligible for insurance cover.

Current list of DIC Member institutions (as at 12th March, 2018)

What is Deposit Insurance?

In simple terms, deposit insurance provides peace of mind in the unlikely event your bank should experience difficulty and be forced to close. Read on for details on the who and what of the coverage we provide.

Is Your Bank A Member?

Need to know if your bank is a member of the program, and that your funds are insured? Our up-to-date list of member banks will answer your questions.

Got Questions?

Visit our
Frequently Asked Questions
pages for the answers!