# Simplification of Deposit Insurance Rules
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2022-01-28 · Effective 2024-04-01 · 87 FR 4455
## Document
- **Document number:** 2022-01607
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 87 FR 4455
- **CFR reference:** 12 CFR 330
- **Publication date:** 2022-01-28
- **Effective date:** 2024-04-01
## Abstract

The Federal Deposit Insurance Corporation is amending its regulations governing deposit insurance coverage. The amendments simplify the deposit insurance regulations by establishing a "trust accounts" category that governs coverage of deposits of both revocable trusts and irrevocable trusts using a common calculation, and provide consistent deposit insurance treatment for all mortgage servicing account balances held to satisfy principal and interest obligations to a lender.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2022/01/28/2022-01607/simplification-of-deposit-insurance-rules)
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