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The FDIC Will Eliminate Deposit Insurance On $1.4 Trillion Of Bank Deposits

November 6, 2012 By Problem Bank List Staff Leave a Comment

In the aftermath of the banking meltdown that began in 2008 many large depositors with balances in excess of the standard deposit insurance limit of $250,000 became very concerned about losing money in a bank failure.  In an effort to instill confidence in the banking system, the Dodd-Frank Act instituted temporary unlimited deposit insurance on […]

Filed Under: Banking News, Dodd-Frank Act, featured, TLGP Tagged With: banking industry, Banking News, Banks, deposit insurance fund, NIBTA, noninterest bearing transaction account, TLGP

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