1. Deposit Insurance Calculations for Liquidity Risk Management User Guide
  2. FDIC Part 370 Calculations
  3. ORC Classification and Insurance Calculation
  4. Accounts held by a Depository Institution as the Trustee of an Irrevocable Trust (DIT)

6.3.11 Accounts held by a Depository Institution as the Trustee of an Irrevocable Trust (DIT)

Under this ORC, coverage is extended to accounts held by an IDI as a trustee of an irrevocable trust. This category is applicable whether the IDI as Trustee holds the trust funds in a deposit account at the IDI, or whether the IDI as Trustee places the funds into a Deposit Account at another IDI.

Deposit Insurance Coverage for Irrevocable Trusts in this category is separate from, and in addition to the Deposit Insurance Coverage for other ownership categories.