First St Vincent Bank in Receivership FAQs

CUSTOMERS DEPOSITS

9. As a former customer of FSVB who had deposited funds in the institution, what does this mean for me?

You are currently unable to access your funds.

A Purchase and Assumption Agreement will be executed with BoSVG effective 1 June 2023, whereby customers with total deposits up to the sum of $100,000 will be transferred to BoSVG.

The Receivers are working with ECCB and BoSVG to execute this transfer as quickly as possible.