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FDIC Extends Guarantee On Transaction Account Balances

June 22, 2010 By Bill Zielinski Leave a Comment

June 22, 2010 – The FDIC Board of Directors extended the Transaction Account Guarantee  (TAG) program six months beyond its original expiration to December 31, 2010.   In addition, the Board approved for an additional extension, if deemed necessary, to December 31, 2011. The TAG program was initiated in October 2008 as part of the Temporary […]

Filed Under: Banking News, FDIC, FDIC insurance, Financial Crisis Tagged With: FDIC extends "temporary guarantees", FDIC TAG program extended

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