Exit from Taxpayer Financial Services Loan Program

12 Months Ended

Dec. 31, 2011

Discontinued Operations, Branch Assets and Liabilities Held for Sale and Exit from Taxpayer Financial Services Loan Program [Abstract]

Exit from Taxpayer Financial Services Loan Program

5.    Exit from Taxpayer Financial Services Loan Program

During the third quarter of 2010, the Internal Revenue Service (“IRS”) announced it would stop providing information regarding certain unpaid obligations of a taxpayer (the “Debt Indicator”), which has historically served as a significant part of the underwriting process for the Taxpayer Financial Services (“TFS”) loan program. It was determined that, without use of the Debt Indicator, tax refund anticipation loans which have historically accounted for the substantial majority of the loan production in the TFS loan program, could no longer be offered in a safe and sound manner. As a result, in December 2010, it was determined that we would no longer offer any tax refund anticipation loans or related products going forward, beginning with the 2011 tax season and we exited the TFS loan program. The TFS loan program has not been presented within discontinued operations as its impact is not material to our results of operations.

The following summarizes the operating results of our TFS loan program for the periods presented:

Year Ended December 31,	2011		2010		2009
	(in millions)
Total revenues	$	-	$	69	$	11
Income before income tax expense		-		11		11