This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Regions Financial Extends Participation in FDIC Transaction Account Guarantee Program 2009-11-02 17:45 ET - News Release  Company Website:
http://www.regions.com BIRMINGHAM, Ala. -- (Business Wire)
Regions Financial (NYSE: RF) today announced plans to extend its
participation in the Federal Deposit Insurance Corporation’s (FDIC)
voluntary Transaction Account Guarantee (TAG) portion of the Temporary
Liquidity Guarantee Program through June 30, 2010.
Under this program, noninterest bearing transaction accounts, qualified
NOW checking accounts paying less than 0.50 percent, and Interest on
Lawyers Trust Accounts (IOLTA) are fully guaranteed by the FDIC for an
unlimited amount of coverage. The coverage under the TAG program is in
addition to, and separate from, the coverage available under the FDIC’s
general deposit insurance protection.
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