# Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure
> **US Federal Deposit Insurance Corporation** · Interim rule with request for comments. · Published 2008-07-17 · Effective 2008-08-18 · 73 FR 41170
## Document
- **Document number:** E8-15493
- **Category:** other
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 73 FR 41170
- **CFR reference:** 12 CFR 360
- **Publication date:** 2008-07-17
- **Effective date:** 2008-08-18
## Abstract

The FDIC is adopting an interim rule establishing the FDIC's practices for determining deposit and other liability account balances at a failed insured depository institution. Except as noted, the FDIC practices defined in the interim rule represent a continuation of long- standing FDIC procedures in processing such balances at a failed depository institution. The FDIC is adopting the interim rule concurrently with its adoption of a related final rule requiring the largest insured depository institutions to adopt mechanisms that would, in the event of the institution's failure: Provide the FDIC with standard deposit account and other customer information; and allow the placement and release of holds on liability accounts, including deposits. This interim rule applies to all insured depository institutions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/07/17/E8-15493/processing-of-deposit-accounts-in-the-event-of-an-insured-depository-institution-failure)
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