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FDIC extends Transaction Account Guarantee program
Jul2010
By Katie Harris news@tricitiesbusinessnews.com The Federal Deposit Insurance Corporation has extended its Transaction Account Guarantee (TAG) program through December 31. The TAG program, set to expire July 1, protects non interest-bearing accounts worth more than $250,000 at participating insured banks. The coverage under TAG is separate from the coverage already available under the FDIC’s general …Article truncated
