Final Rule: Temporary Unlimited Coverage for Noninterest - Bearing Transaction Accounts
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Final Rule: Temporary Unlimited Coverage for Noninterest - Bearing Transaction Accounts

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Details:

  • Publisher's site:
  • Corporate Authors:
    Federal Deposit Insurance Corporation (FDIC)
  • Description:
    The FDIC Board of Directors (Board) has issued a final rule to implement the section of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) that provides temporary unlimited coverage for noninterest-bearing transaction accounts at all FDIC-insured depository institutions (IDIs). The separate coverage for noninterest-bearing transaction accounts becomes effective on December 31, 2010, and terminates on December 31, 2012.
  • Subject:
  • Dataset Download URL:
  • Format:
    PDF
  • Release Date:
    11/09/2010
  • Update Date:
    11/09/2010
  • Withdrawn Date:
    Not Available.
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC)
  • Fdic Employee Involved:
    Joseph A. DiNuzzo;Martin Becker;
  • Law Involved:
    Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)
  • Related Regulation:
    12 CFR Part 330
  • Source:
    FDIC Website
  • Memorandum To:
    FDIC-Insured Institutions
  • Effective Date:
    12/31/2010
  • FIL Number:
    FIL-76-2010
  • Main Document Checksum:
  • Download URL:
  • File Type:

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