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changes
in FDIC deposit insurance coverage . . .
April 13, 2010
http://www.fdic.gov/news/news/press/2010/pr10075.html
May 20, 2009
Deposits at FDIC-insured institutions are now insured up to
at least $250,000 per depositor through December 31, 2013.
On January 1, 2014, the standard insurance amount will
return to $100,000 per depositor for all account categories
except for IRAs and other certain retirement accounts which
will remain at $250,000 per depositor. (This supersedes the
October 3, 2008 changes.)
October 14, 2008
FDIC announced its temporary Transaction Account
Guarantee Program, which provides full coverage for
non-interest bearing transaction deposit accounts at
FDIC-insured institutions that agree to participate in the
program. The transaction account guarantee applies to all
personal and business checking deposit accounts that do not
earn interest at participating institutions. This unlimited
insurance coverage is temporary and will remain in effect
for participating institutions until December 31, 2009.
For more information visit:
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