FDIC Clarifies Deposit Insurance Coverage for U.S. Banks in Micronesia, Marshall Islands, and Palau

Summary

The FDIC is updating its regulations to clarify that it insures deposits at U.S. banks' legacy branches in the Federated States of Micronesia, the Marshall Islands, and Palau, which are formerly known as the Republic of the Marshall Islands and the Republic of Palau.

Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →

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