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Bankowość · 14/07/2011

Interest on Deposits; Deposit Insurance Coverage

The FDIC is issuing a final rule amending its regulations to reflect section 627 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the DFA),\1\ repealing the prohibition against the payment of interest on demand deposit accounts effective July 21, 2011. ---------------------------------------------------------------------------

Source: Federal Register — Federal Deposit Insurance CorporationOpen original release →