Show 54 Million Bank Deposits Insured Says days Cummings WASHINGTON Jan 12 UP Approximately individual individual ual bank deposits in the United States are protected up to 2500 by the governments government's bank deposit insurance plan Walter J. J Cummings Cummings Cum Cum- retiring chairman of of the board of ot the Federal Deposit Insurance Insurance In In- corporation said today Cummings reported that of the country's banks or nine more than on January 2 were participating in the insurance plan More than a thousand banks still sUll are without Insurance Cummings attributed d an Increase increase in crease of bank deposits in many cities since the first of the year to the greater public confidence in banks which the insurance feature fea fea- feature ea ture has engendered Information which has come to tome tome tome me since the inception of the fund he said indicates that deposit deposit deposit de de- posit insurance is gaining In favor favor fa fa- fa vor not only with the general public but with bankers |