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 never to participate. The next opt-out date, June 30, 2010, will see many banks leave.
Checking if your bank participates in TAG
Here is a complete list of banks that have chosen to opt out of TAG. If your bank is on one of these lists, then you either do not have this additional coverage or will lose it as of July 1, 2010.