The Federal Deposit Insurance coverage Company (FDIC) lately proposed modifications to custodial deposit accounts with transactional options, aiming to make sure the immediate fee of deposit insurance coverage to depositors. The proposed rule seeks to outline FDIC pass-through insurance coverage protection and improve transparency within the administration of custodial deposit accounts. Discover this follow notice offering a complete overview of pass-through FDIC insurance coverage protection and reviewing proposed modifications to sure custodial deposit accounts.
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