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Article: Great Southern Bank Extends Participation in FDIC Transaction Account Guarantee Program.
- Article from:
- Insurance Weekly News
- Article date:
- November 20, 2009
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Great Southern Bank, a subsidiary of Great Southern Bancorp, Inc. (NASDAQ:GSBC), announced plans to extend its participation in the Federal Deposit Insurance Corporation's (FDIC) voluntary Transaction Account Guarantee Program (TAGP) portion of the Temporary Liquidity Guarantee Program through June 30, 2010.
By participating in this program, Great Southern is purchasing additional FDIC insurance coverage for its customers. Great Southern customers with non-interest bearing transaction accounts, qualified NOW checking accounts paying 0.50 percent interest or less, and Interest on Lawyers Trust Accounts (IOLTA) are fully guaranteed by the FDIC regardless of the ...