Coop Pank AS (formerly AS Eesti Krediidipank)

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 EUR per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in Coop Pank AS

All credit institutions operating in Estonia are obliged to participate in Estonian deposit guarantee scheme.

Coop Pank AS is a member of Guarantee Fund of Estonia and makes its contributions into it. In the case of Coop Pank AS failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors
natural persons
  • citizens of Estonia
  • residents of Estonia
  • foreign citizens
  • foreign residents
legal entities
  • registered in Estonia
  • registered abroad
Non-Eligible Depositors
local governments
insurers or reinsurers
investment funds
credit institutions
e-money institutions
payment institutions
credit intermediaries
Covered Accounts
current accounts
demand deposits
term deposits
overnight deposits
operating deposits
growth deposits
savings deposits
children's deposits
Covered Currencies
all currencies, namely
  • EUR (Euro)
  • foreign currencies
Maximum Protected Amount
100,000 EUR
Temporary High Balance
170,000 EUR
Paid In Currency
EUR

Guarantee Fund of Estonia

Roosikrantsi 2, 10119 Tallin, Estonia
+372 611 0730

Further Information