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FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts

May 01, 2023
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FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts

May 01, 2023
The Federal Deposit Insurance Corp. (FDIC) favors “targeted coverage” among the options for deposit insurance reform. In that option, different deposit insurance limits would be offered across account types, with business payment accounts receiving “significantly higher” coverage than other accounts, the FDIC said in a Monday (May 1) press release announcing its release of a […]