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Legislation

Transaction Account Guarantee Program

by Mike Periu on May 28, 2010

in Legislation

transaction account guarantee program

Recent changes to the Transaction Account Guarantee Program
The TAG program was set to expire in June 2010, but the FDIC recently extended the program until December 2010 and reserved the right to extend it through December 2011 if economic conditions warrant. However, many prominent banks have chosen to opt-out at different times or chose [...]

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