Federal Deposit
Insurance Corporation

This is such good news and long overdue.  My mom has had to actually withdraw money from her home-town bank and go to the trouble to find other locations for her CDs that have a POD that is an "unqualified beneficiary".  She had been at the bank since she was 16 years old, and she is now 83, so it was painful for her to have to move her money in order to be FDIC protected.  I wish this would have been done sooner!!

Thank you, who ever you are, that expanded the coverage to unqualified beneficiaries.

Charles Hall
Austin, TX