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How does an insured depository institution that opened for business after December 5, 2008 become allowed to participate in the transaction account guarantee program?

April 26, 2017allowed Business december 5 Depository institution insured opened participate

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How does an insured depository institution that opened for business after December 5, 2008 become allowed to participate in the transaction account guarantee program?

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Any insured depository institution that opened for business after December 5, 2008 and wishes to participate in the transaction account guarantee program should send written notice to the appropriate FDIC regional office, its chartering authority, and its primary federal regulator if that entity is different from its chartering authority. The FDIC Regional Director will provide the institution with the necessary documentation and instructions for completion.