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Interest on Deposits; Deposit Insurance Coverage

FDIC · final-rule · Published 2011-07-14 · Effective 2011-07-21 · 76 FR 41392

Document

Document number: 2011-17686
Federal Register citation: 76 FR 41392
CFR reference: 12 CFR 329
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Deposit Insurance Corporation
Publication date: 2011-07-14
Effective date: 2011-07-21

Abstract

The FDIC is issuing a final rule amending its regulations to reflect section 627 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the DFA),\1\ repealing the prohibition against the payment of interest on demand deposit accounts effective July 21, 2011. ---------------------------------------------------------------------------

Source

Authoritative: Federal Register document
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