Advisory Committee on Community Banking
The committee met on July 22nd. Materials and video are now available.
The proposed rule would simplify deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts by merging these two deposit insurance categories and applying a simpler, common calculation to determine coverage for all trust accounts.
If you are in one of the millions of U.S. households without a bank account, and you are looking to open an account, there are resources available to help you get started. Banking relationships generally begin with a checking or savings account, and may lead to low-interest loans and mortgages. Learn more about the top reasons to open a bank account.
This series, in partnership with the Santa Clara University (SCU) Leavey School of Business, builds on the themes of the 2019 FDIC FinTech Research Conference, highlighting the opportunities and challenges for financial institutions, consumers, and the financial system created by the use of big data and applied technologies.