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

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FDIC Federal Register Citations

From: Kevin Swalley
Sent: Friday, November 07, 2008 5:17 PM
To: Comments
Subject: RIN# 3064-AD37

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
The Grundy National Bank
Grundy Center, IA 50638


Last Updated 11/12/2008

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