Back to News
Federal RegisterFederal
Unsafe and Unsound Banking Practices: Brokered Deposits and Interest Rate Restrictions; Correction
Plain English Summary
The FDIC has made a correction to a rule regarding brokered deposits and interest rate limits that was originally published on January 22, 2021. This change affects banks and financial institutions that deal with these types of deposits. Agents should stay informed about this correction as it may impact how they advise clients on banking practices.
+View original text
The Federal Deposit Insurance Corporation (FDIC) is correcting a final rule that was published in the Federal Register on January 22, 2021.