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Is the FIL-29-2010 that was issued by the FDIC on Monday, June 7, 2010, addressing the Certificate of Deposit Account Registry Service (CDARS)?

April 26, 2017account ADDRESSING Certificate of Deposit FDIC issued Registry service

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Is the FIL-29-2010 that was issued by the FDIC on Monday, June 7, 2010, addressing the Certificate of Deposit Account Registry Service (CDARS)?

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We have not had a problem in any of the areas addressed in the FIL-29-2010 issued by the FDIC on June 7, 2010. The letter mentions, in particular, “third-party affinity groups or trade associations” that place deposits, and we’re neither of those. More important, we have always operated CDARS in accordance with the principles outlined in the letter, and we will continue doing that.