Expiring Unlimited FDIC coverage

Posted By: Jerseygirl

Expiring Unlimited FDIC coverage - 07/31/12 12:09 PM

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?
Posted By: rlcarey

Re: Expiring Unlimited FDIC coverage - 07/31/12 12:19 PM

Congress is currently reviewing and I doubt they will let it expire.
Posted By: John Burnett

Re: Expiring Unlimited FDIC coverage - 07/31/12 02:49 PM

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.