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Bankowość · 03/02/2009

FDIC Proposes Changes to Interest Rate Restrictions for Undercapitalized Institutions

The Federal Deposit Insurance Corporation (FDIC) is proposing to relax interest rate restrictions for undercapitalized banks, allowing them to offer rates up to 75 basis points above the national average, in an effort to clarify the rules for these institutions and examiners.

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