The document outlines the effects of a merger or acquisition involving a Program Bank on deposit insurance. It specifies that deposits assumed by another institution through a merger will remain separately insured until the maturity date for time deposits or six months after the acquisition for other deposits. After these periods, deposits will be aggregated with existing balances at the acquiring institution. A list of Program Banks as of September 28, 2016, is provided.
documents/EFTA01377859.pdf
{}