Data / Federal rules / 2024-18214
Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions
The Federal Deposit Insurance Corporation published this proposed rule in the Federal Register on August 23, 2024. Comments closed on October 22, 2024.
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What the agency says
The Federal Deposit Insurance Corporation (FDIC) is inviting comment on proposed revisions to its regulations relating to the brokered deposits restrictions that apply to less than well-capitalized insured depository institutions. The proposed rule would revise the "deposit broker" definition and would amend the analysis of the "primary purpose" exception to the "deposit broker" definition. The proposed rule would also amend two of the designated business relationships under the primary purpose exception and make changes to the notice and application process for the primary purpose exception. In addition, the proposed rule would clarify when an insured depository institution can regain status as an "agent institution" under the limited exception for a capped amount of reciprocal deposits.
Key facts
- Document number
- 2024-18214
- Type
- Proposed rule
- Action
- Notice of proposed rulemaking
- Agency
- Federal Deposit Insurance Corporation
- Published
- August 23, 2024
- Comments due
- October 22, 2024
- Dates
- Comments must be received by the FDIC no later than October 22, 2024.
- Regulation ID (RIN)
- 3064-AF99
- Code of Federal Regulations
- 12 CFR 303; 12 CFR 337
- Topics
- Administrative practice and procedure; Bank deposit insurance; Banks, banking; Reporting and recordkeeping requirements; Savings associations; Securities
- Pages
- 29
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|---|---|---|
| Extensions of Credit to Insiders 2026-20735 | Proposed rule | Oct 9 |
| Unsafe or Unsound Practices, Matters Requiring Attention; Correction 2026-19312 | Final rule | Sep 22 |
| State Bank Parity 2026-19310 | Proposed rule | Sep 22 |
| Merger Transactions 2026-19308 | Proposed rule | Sep 22 |
| Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks 2026-18766 | Final rule | Sep 14 |
| Reciprocal Deposits: Implementing the 21st Century ROAD to Housing Act 2026-17865 | Final rule | Sep 1 |
| Unsafe or Unsound Practices, Matters Requiring Attention 2026-17823 | Final rule | Sep 1 |
| Disclosure of Information; Extension of Comment Period 2026-17649 | Proposed rule | Aug 28 |
Everything from the Federal Deposit Insurance Corporation · Rules on administrative practice and procedure · Rules on bank deposit insurance · Rules on banks, banking · Published in August 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.