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FDIC RIN: 3064-AD28 Publication ID: Spring 2009 
Title: Financial Education Programs that Include the Provision of Bank Products and Services 
Abstract: The Federal Deposit Insurance Corporation (FDIC) amended its regulations to permit state nonmember banks to participate or assist in certain financial education programs conducted on school premises where, in connection with the program, deposits are received, checks are paid, or money is lent, without the need to submit a branch application to, and receive prior approval from, the FDIC. However, any state nonmember bank that desires to engage in such financial education programs must satisfy certain conditions in order for the exemption to apply. This rulemaking provides that a state nonmember bank may conduct a financial education program in connection with a school and may accept banking transactions (deposits, withdrawals, account openings, etc.) in connection with such program without the necessity of filing an application for approval of a branch with the FDIC. 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 303.41    12 CFR 303.46   
Legal Authority: 12 USC 378    12 USC 1813    12 USC 1815    12 USC 1817 to 1818    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  06/23/2008  73 FR 35337   
Interim Final Rule Comment Period End  07/23/2008    
Final Action  09/25/2008  73 FR 55341   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: http://www.fdic.gov/regulations/laws/federal/2008/08finalAD28.pdf  
RIN Data Printed in the FR: No 
Agency Contact:
Robert C Fick
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-8962
Email: rfick@fdic.gov