FixNix Blog

FDIC Part 370 Rule: Recordkeeping for Timely Deposit Insurance Determination

Feb 20, 2018 12:20:36 PM / by Shanmugavel Sankaran posted in FDIC, Federal Deposit Insurance Corporation, Regtech

0 Comments

In April 2017, FDIC introduced the “Recordkeeping for Timely Deposit Insurance Determination” rule (Part 370) requiring insured institutions with more than two million deposit accounts to configure their systems to be capable of calculating the insured and uninsured amount in each deposit account by ownership right and capacity by April 2020.

Read More

Subscribe to Email Updates

Lists by Topic

see all

Posts by Topic

see all

Recent Posts