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

Details

• Publisher's site:
  https://www.fdic.gov/
• 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.
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2010/fil10076.pdf
• 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• Withdrawn Date: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
• Language:
  Eng
• Download URL:
  https://archive.fdic.gov/view/fdic/7145/fdic_7145_DS1.pdf
• File Type:
  [PDF - 26.60 KB]
• Collection(s):
  Inactive Financial Institution Letters (FILs)
• Main Document Checksum:
  urn:sha256:70b228901d5bedc60c530ca8e3e6a59fe144a8301609ae70acfe199d15ac5dbf