First St Vincent Bank

CUSTOMERS DEPOSITS

13. What happens to my savings?

All savings will be redeemed as at the date of the appointment, 26 May 2023. These will form part of the deposit eligible for transfer to BoSVG as per Questions 10 and 11. As part of the Purchase and Assumption Agreement with BoSVG, some loans will be transferred to the new institution whilst others will remain in the Receivership. The Receiver will write to all customers with details of these arrangement. You are advised to continue making your loan payments. 14. What if I had a loan with FSVB?