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Consumer groups seek clear federal deposit insurance coverage for funds backing stored valued cards

Comments to FDIC on proposed rule to clarify deposit insurance application to stored valued cards
November 2, 2005

November 2, 2005

Mr. Robert E. Feldman
Executive Secretary
Attention: Comment/Legal ESS
Federal Deposit Insurance Corporation
550 17th St. N. W.
Washington DC 20429
By electronic filing to comments@FDIC.gov

Re: Part 330 – Stored Valued Cards, comments on proposed rule to clarify deposit insurance application to stored valued cards

Dear FDIC:

These comments are submitted by Consumers Union, the Consumer Federation of America. the National Consumer Law Center, U.S. PIRG, and the National Association of Consumer Advocates

For the full comments, click here (PDF format).

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