FDIC Issues Final Rule on Reciprocal Deposits and Seeks Comments on Brokered Deposits and Interest Rate Restrictions

Orrick - Finance 20/20
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On December 19, the Federal Deposit Insurance Corporation (“FDIC”) “…adopted a final rule related to the treatment of reciprocal deposits, and it also issued an advance notice of proposed rulemaking [] related to brokered deposits and the interest rate restrictions.” Release.

 

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