JPMorgan Chase & Co. discusses the Transaction Account Guarantee Program (TAGP) by the FDIC, which provides unlimited deposit insurance coverage on noninterest-bearing transaction accounts. The program's expiration date was extended to June 30, 2010, but JPMorgan Chase has opted not to participate in the extension, citing their stability. Noninterest-bearing accounts will continue to be insured under FDIC's general rules.
documents/vol00010-efta01515376-pdf.pdf
{"document_date":"2009-11-30","document_type":"financial","document_subtype":"bank statement","key_organizations":["JPMorgan Chase & Co.","Federal Deposit Insurance Corporation (FDIC)"],"reference_numbers":["JPM-SDNY-00042090","SDNY_GM_00311288","EFTA01515376"]}