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This Document Has Been Retired.
Garnishment and Exempt Federal Benefit Funds: Proposed Interagency Guidance
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10/09/2007
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Description:The five federal financial regulatory agencies are seeking public comment on the attached proposed guidance encouraging federally regulated financial institutions to follow best practices to protect federal benefit payments from garnishment orders.
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Release Date:10/09/2007
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Update Date:11/14/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Office of the Comptroller of the Currency (OCC);Board of Governors of the Federal Reserve System (The Fed);Office of Thrift Supervision (OTS);National Credit Union Administration (NCUA);U.S. Department of the Treasury;
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Fdic Employee Involved:Patricia I. Cashman;Mark Mellon;Karen Currie;
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Comment Period End Date:11/27/2007
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings)
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FIL Number:FIL-87-2007
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