Federal Deposit
Insurance Corporation

From: Michael Murphy  
Sent: Sunday, September 28, 2008 6:25 PM
To: Comments
Subject: Revocable Trust Accounts

The FDIC should eliminate the requirement for the ITF/POD designation "in the account title".
Many banks have a problem with this when I ask e.g. our software does not allow it.
Most online applications can not handle POD/ITF in the "title".

I suggest the FDIC simplify as much as possible i.e. if there is a beneficiary
named in the "records" then it is separately insured.

Michael Murphy
ladera Ranch, CA 92694