FDIC guaranty

Discussion in 'Educational Resources' started by payday loans, Oct 3, 2009.

  1. November 2008 the FDIC published a revised Across the board Deliberation Viewpoint holding that funds underlying payroll stored value cards are covered sooner than FDIC protection if the funds are placed at an FDIC-insured bank. This attitude had been proposed a scattering years ago via the FDIC, but not officially adopted.
    Palm Jilt Subject Bank is a colleague of the Federal Alluvium Guarantee Corporation ("FDIC") and all cardholders funds are insured by the FDIC in accordance with the FDIC's applicable terms and conditions.
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