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Deposit Insurance Regulations; Temporary Increase in Standard Coverage Amount; Mortgage Servicing Accounts; Revocable Trust Accounts; International Banking; Foreign Banks

FDIC · final-rule · Published 2009-09-17 · Effective 2009-10-19 · 74 FR 47711

Document

Document number
E9-22406
Federal Register citation
74 FR 47711
CFR reference
12 CFR 330
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2009-09-17
Effective date
2009-10-19

Abstract

The FDIC is adopting a final rule amending its deposit insurance regulations to: Reflect Congress's extension, until December 31, 2013, of the temporary increase in the standard maximum deposit insurance amount ("SMDIA") from $100,000 to $250,000; finalize the interim rule, with minor modifications, on revocable trust accounts; and finalize the interim rule on mortgage servicing accounts. The FDIC is also adopting technical, conforming amendments to its international banking regulations to substitute several existing references to "$100,000" with references to the SMDIA.

Source

Authoritative
Federal Register document
Machine
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