This document outlines the effects on deposit insurance when a Program Bank is acquired through a merger or consolidation. It specifies that deposits will remain separately insured until the maturity date for time deposits or six months after the acquisition for other deposits. It also provides a list of Program Banks as of September 28, 2016.
doj/DataSet10/EFTA01380086.pdf
{"title":"Effect of Merger or Acquisition Involving a Program Bank","document_date":"2016-09-28","document_type":"tabular","key_locations":["Lewiston, ME","Green Bay, WI","Wilmington, DE","Lumberton, NC","Salt Lake City, UT","Sioux Falls, SD","Providence, RI","Philadelphia, PA","Birmingham, AL","New York, NY","Pasadena, CA","Lockport, NY","Lake Success, NY","Kalispell, MT","Columbus, OH","Westbury, NY","Dallas, TX","Pine Bluff, AR","Warrenton, VA","Fort Worth, TX","Richardson, TX","Pittsburgh, PA","Portland, OR"],"key_organizations":["Androscoggin Bank","Associated Bank","Barclays Bank Delaware","Branch Bank & Trust","CIT Bank","Citibank N.A.","RBS Citizens Bank","RBS Citizens Bank of PA","Comenity Capital Bank","Compass Bank","Deutsche Bank Trust Company Americas","East West Bank","First Niagara Bank","Flushing Savings Bank","Glacier Bank","Huntington National Bank","Israel Discount Bank","New York Community Bank","Plains Capital Bank","Simmons Bank","Sonabank","Southwest Bank","Texas Capital Bank","Tristate Capital","Umpqua Bank"],"reference_numbers":["WM179143 015105.011718"]}