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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.