Yes (up to 100,000 CHF 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 Freie Gemeinschaftsbank Genossenschaft
All credit institutions operating in Switzerland are obliged to participate
in Swiss deposit guarantee scheme.
Freie Gemeinschaftsbank Genossenschaft is a member of esisuisse – Deposit Insurance and makes its contributions into it. In the case of Freie Gemeinschaftsbank Genossenschaft failure, eligible depositors having covered accounts
in this bank will be paid out the following compensation:
Maximum Protected Amount
Swiss residentsSwiss citizensforeign residentsforeign citizens
registered in Switzerlandregistered abroad
personal accountssavings accountsinvestment accountssalary accountsnumbered accountsdeposit accountscurrent accounts
credit balances, e.g.
CHF (Swiss franc)foreign currencies
all currencies, namely
esisuisse – Deposit Insurance
Steinentorstrasse 11, CH-4051 Basel, Switzerland
+41 (0) 61 206 92 92
Banking Products in Switzerland
8 September 2015
1 April 2020
16 September 2016
13 August 2015