Paragon News

President Obama Signs Bill to Extend Increased FDIC Coverage Through 2013

Memphis, TN - 05/28/2009

As part of the Helping Families Save Their Homes Act, which President Barack Obama signed into Law on May 20, the FDIC's temporary increase in coverage from $100,000 to $250,000 was extended through 2013.

tags: FDIC  FDIC Insurance 

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FDIC Temporarily Raises Deposit Insurance Coverage to $250,000

Memphis, TN - 10/07/2008

As part of the Emergency Economic Stabilization Act that President George W. Bush signed into law on October 3, 2008, the Federal Deposit Insurance Corporation (FDIC) has increased deposit insurance coverage effective now through December 2009.

tags: FDIC  FDIC Insurance