# Deposits
> **Treasury** · Final rule. · Published 1997-10-22 · Effective 1998-01-01 · 62 FR 54759
## Document
- **Document number:** 97-27842
- **Category:** other
- **Sub-agency:** Treasury
- **Federal Register citation:** 62 FR 54759
- **CFR reference:** 12 CFR 506
- **Publication date:** 1997-10-22
- **Effective date:** 1998-01-01
- **Treasury docket:** No. 97-108
## Abstract

The Office of Thrift Supervision (OTS) is issuing a final rule streamlining its deposit-related regulations. The final rule will eliminate duplicative, overlapping, and outdated regulations, and those that micromanage savings associations. The final rule also codifies the OTS position on federal preemption of state laws affecting deposit- related activities.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/10/22/97-27842/deposits)
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