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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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FDIC Federal Register Citations

From: carolyn oconnor
Sent: Friday, September 26, 2008 7:36 PM
To: Comments
Subject: Insuring Your Deposits


12 CFR Part 330
RIN 3064
Processing of Deposit Accounts in the Event of an Insured
Depository Institution Failure

AGENCY: Federal Deposit Insurance Corporation (FDIC).

The FDIC needs to increase the insurance limit of $100,000. It is all to common today that people have more than $100,000 in savings. This limit is causing a panic from depositors who are removing their funds due to this rule. I believe this rule needs to be updated to stop the bleeding of funds available for banks to loan. Raising this limit should be part of the economic recovery plan.


Last Updated 09/29/2008

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