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 Klaipėdos kredito unija
All credit institutions operating in Lithuania are obliged to participate
in Lithuanian deposit guarantee scheme.
Klaipėdos kredito unija is a member of Deposit and Investment Insurance and makes its contributions into it. In the case of Klaipėdos kredito unija failure, eligible depositors having covered accounts
in this bank will be paid out the following compensation:
Maximum Protected Amount
Temporary High Balance
all deposit accounts
EUR (Euro)foreign currencies
all currencies, namely
Deposit and Investment Insurance
Algirdo str. 31, Vilnius, LT-03219, Lithuania
8 5 2135657
8 5 2135546
Banking Products in Lithuania
8 September 2015
10 January 2018