The document outlines the eligibility criteria and operational details of the Investment Deposit Program (IDP). It specifies that the IDP is available to individuals, certain nonprofit organizations, fiduciaries, and trusts, but not to retirement accounts or governmental plans. It describes the roles of DBSI, Pershing, and Program Banks in managing deposits, withdrawals, and insurance coverage. The document also details the process of deposit allocation among Program Banks to maximize FDIC insurance coverage.
documents/vol00010-efta01353388-pdf.pdf
{"document_type":"financial","document_subtype":"Investment Deposit Program (IDP) Information","key_organizations":["DBSI","Pershing","Program Banks","FDIC","DBTCA"],"reference_numbers":["WM179143 015105.011718","DB-SDNY-0037742","SDNY_GM_00183926","EFTA01353388"]}