BankThink

History's Roadmap for an End to TAG

Analysts at Barclays reckon $150 billion to $400 billion might leave banks, or up to two-thirds of the increase in large-balance deposits temporarily covered by the government since the end of 2010, when a provision of the Dodd-Frank Act took over from an emergency program launched at the height of the financial meltdown. (The bailout legislation in October 2008 raised the limit on insured balances to $250,000 per depositor from $100,000. Later that month, the Federal Deposit Insurance Corp. used its crisis powers to offer unlimited coverage for noninterest bearing transaction accounts under the Transaction Account Guarantee program.)

For the graphic see: "History's Roadmap for an End to TAG: Interactive Graphic" (may require subscription).

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