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283REGFD04 FDIC Temporary Coverage Notice Counter Sign, Black Nameplate, Without Backplate, White Lettering
RRP:
Your Price:
$5.65
(You save $1.19)
SKU:
MMF283REGFD04
Weight:
3.00 LBS
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Calculated at checkout
Product Description
On May 20, 2009, President Barack Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit became effective immediately upon the President\'s signature. The legislation provides that the SMDIA will return to $100,000 on January 1, 2014.
Additional Information
| Type | FDIC Temporary Coverage Notice Counter Sign | |
| Nameplate Color | Black Nameplate | |
| Backplate Color | Without Backplate | |
| Lettering Color | White Lettering | |
| Dimensions | 4W x 3H Inch | |
| FDIC Insured Amount | $250,000 | |
| Features and Benefits 1 | On May 20, 2009, the temporary increase in the SMDIA to $250,000 per depositor was extended through December 31, 2013 | |
| Features and Benefits 2 | The FDIC strongly encourages all insured institutions to inform depositors that the increase in coverage is temporary and effective only until December 31, 2013 |
