Huntington Bancshares Inc. (HBAN) said it its unit, Huntington National Bank, has chosen to continue its participation in the Federal Deposit Insurance Corp.'s or FDIC Transaction Account Guarantee Program or TAGP. Created in 2008 under the Temporary Liquidity Guarantee Program or TLGP, the TAGP program was recently extended for six months, through June 30, 2010. The extension is valid only to financial institutions that choose to remain in the program.
Additionally, Huntington Bancshares noted that the TAGP provides insurance coverage in addition to and separate from the coverage provided through the FDIC's general deposit insurance fund, covering balances up to $0.25 million per depositor through December 31, 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.