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Pages: Good Morning... what the heck does this mean? [1]
Author Topic: Good Morning... what the heck does this mean?
Lulita

User
Posts: 13

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2010-11-11 11-43-47

Good Morning... what the heck does this mean? Should I worry? Federal Deposit Insurance FDIC Logo PNC Bank is a member of the Federal Deposit Insurance Corporation (FDIC). The Federal Deposit Insurance Corporation (FDIC) is a federal agency organized in 1933 that insures depositors' accounts up to the insured amount at most commercial banks and savings associations. PNC Opts Out of TAGP Extension Beginning January 1, 2010 PNC Bank, N.A. will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rules.
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gomer

Hero Member
Posts: 8

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2010-11-13 1-41-03-

worry? no. move your account? yes.
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karshner

Sr. Member
Posts: 24

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2011-03-25 23-51-24

Uggg... I have x different direct deposits going to that and I hate BOA. + They are so nice and they have the best coffee!
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osby

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Posts: 45

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2013-12-10 23-53-27

You're still insured up to $xK, I don't think you have anything to worry about.
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