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#1725115 - 07/31/12 12:09 PM Expiring Unlimited FDIC coverage
Jerseygirl Offline
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Joined: Apr 2005
Posts: 684
Jersey Shore
In reviewing the TAG unlimited coverage that expires at year end, I don't see any requirement to notify depositors of its expiration. Is anyone contemplating reminding customers of the expiration?

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#1725121 - 07/31/12 12:19 PM Re: Expiring Unlimited FDIC coverage Jerseygirl
rlcarey Online
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Joined: Jul 2001
Posts: 79,643
Galveston, TX
Congress is currently reviewing and I doubt they will let it expire.
The opinions expressed here should not be construed to be those of my employer:

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#1725240 - 07/31/12 02:49 PM Re: Expiring Unlimited FDIC coverage Jerseygirl
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 39,697
Cape Cod
It's more likely that you'll all have to update the expiration date in your current lobby posters and on websites. There is a lot of momentum behind the movement to get this legislation done.
Last edited by John Burnett; 07/31/12 02:49 PM.
John S. Burnett
Fighting for Compliance since 1976
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