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Thank you for the opportunity to discuss the 75 bp cost of the debt guarantee program. That rate when compared to our current FDIC premium rate as well as the 10 basis point rate for non interest bearing accounts is unreasonably high. Please give serious consideration to lowering the rate to the 11 to 20 bp range for this program.
Kevin J. Swalley
|Last Updated 11/12/2008||Regs@fdic.gov|