Click to return to BOL home page



September 8
Checkup for your RDC Program;
Susan Orr

September 10
Critical Issues on Certificates of Deposit;
Deborah Crawford

September 16
S.A.F.E. Act - Auditing for Compliance;
Patricia Cashman

September 22
FinCEN's Beneficial Owners Proposal: What It Can Mean for You;
Sonja Kriegsmann and John Burnett

September 23
Bankruptcy 101;
Sam Ott

September 24
Using CPTED to Make Our Banks Safer;
Dana Turner and Carol Dodgen



Topic Options
#1580786 - 07/21/11 08:07 AM Part 329 -Interest On Deposits & Reg Q
Compliance Poster Offline
100 Club

Registered: 09/10/01
Posts: 221
How does the repeal of Regulation Q affect FDIC rules Part 329—Interest On Deposits?

Top
Deposits and Payments
#1580797 - 07/21/11 08:33 AM Re: Part 329 -Interest On Deposits & Reg Q [Re: Compliance Poster]
Bob The Banker Offline
Platinum Poster

Registered: 05/17/10
Posts: 958
It doesn't.

The interest definition and section on premiums is being transferred to rule 330 Deposit Insurance Coverage.

See the FDIC's Federal Register entry for full details and how 330 will now read.


Edited by Bob The Banker (07/21/11 08:34 AM)
Edit Reason: FR reference

Top
#1581440 - 07/21/11 05:42 PM Re: Part 329 -Interest On Deposits & Reg Q [Re: Bob The Banker]
John Burnett Online
10K Club

Registered: 10/27/00
Posts: 30292
Loc: Cape Cod
Part 329 is gone, because the FDIC removed it. But it saved the definition of interest and the section on premiums and stuck them into Part 330.
_________________________
John S Burnett
BankersOnline.com

Top


Moderator:  John Burnett, Ken_Pegasus