Most Banks Sticking with TAG Program

Adler, Joe
November 2009
American Banker;11/18/2009, Vol. 174 Issue 208, p1
Trade Publication
The article reports that the U.S. Federal Deposit Insurance Corp. (FDIC) was attempting to end its blanket deposit insurance coverage program, which it had instituted in response to the global financial crisis that began in 2008. A majority of banks, however, wanted to continue the program, in part to allay the fears of consumers. The FDIC agreed to extend the program to June 2010.


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