Home » Surety Bond Terms » Depository Bond
Free Surety Bond Quote 

Depository Bond

This guarantees repayment of moneys deposited with a bank in the event of the failure or insolvency of the bank. While this is now a negligible line of surety business, it was once a large one. The Federal Deposit Insurance Corporation (FDIC) now guarantees the payment of bank deposits.

« Back

 
Independent Insurance Agents
Contractors National Council
National Guardianship Association
 

 

 


 

SuretyGroup.com ©2011 | 3715 Northside Parkway, NW, Ste 1-315, Atlanta, GA 30327
Privacy Policy | Terms & Conditions | Sitemap