Chuck Shaffer

CEO, Seacoast Bank

Chuck Shaffer is CEO of Seacoast Bank and vice chair of the Mid-Size Bank Coalition of America.

Regulation and compliance

Deposit insurance should prevent bank runs, not just react to them

Calls to replace proposed deposit insurance reforms with a revived Transaction Account Guarantee program would make the federal government's role in a bank run purely reactive. That would be a mistake.

By Chuck Shaffer, Jim Ryan and Jared Wolff

2h ago