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BankersOnline.com Forums State-Specific Compliance Issues Indiana Preferential Deposit Rates for Employees
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#2275719 - 09/19/22 11:07 AM Preferential Deposit Rates for Employees
Smokey Offline
New Poster
Joined: Jan 2010
Posts: 7
Is anyone aware if Indiana law prohibits preferential rates on certificates of deposit for employees of state nonmember banks? (Similar to 12 USC 376 that applies to member banks). Thank you.

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#2275732 - 09/19/22 04:16 PM Re: Preferential Deposit Rates for Employees Smokey
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,529
Bloomington, IN
None that I am aware of.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#2275736 - 09/19/22 04:42 PM Re: Preferential Deposit Rates for Employees Dan Persfull
Smokey Offline
New Poster
Joined: Jan 2010
Posts: 7
Thanks Dan.

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