FDIC Approves Final Rule Regarding Deposit Insurance Simplification
January 22, 2022
January 22, 2022
WASHINGTON, Jan. 22 -- The Federal Deposit Insurance Corporation issued the following news release on Jan. 21, 2022:
The Federal Deposit Insurance Corporation (FDIC) today approved a final rule to simplify aspects of the agency's deposit insurance coverage rules.
The final rule simplifies deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts by merging these two deposit insurance categories and applying a simpler, common calcul . . .
The Federal Deposit Insurance Corporation (FDIC) today approved a final rule to simplify aspects of the agency's deposit insurance coverage rules.
The final rule simplifies deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts by merging these two deposit insurance categories and applying a simpler, common calcul . . .