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FDIC RIN: 3064-AD33 Publication ID: Spring 2009 
Title: ●Deposit Insurance Regulations; Revocable Trust Accounts 
Abstract: The FDIC adopted its interim rule to simplify and modernize its deposit insurance rules for revocable trust accounts. The FDIC’s main goal in implementing these revisions is to make the rules easier to understand and apply, without decreasing coverage currently available for revocable trust account owners. The FDIC believes that the interim rule will result in faster deposit insurance determinations after depository institution closings and will help improve public confidence in the banking system. The interim rule eliminates the concept of qualifying beneficiaries. Also, for account owners with revocable trust accounts totaling no more than $500,000, coverage will be determined without regard to the beneficial interest of each beneficiary in the trust. Under the new rules, a trust account owner with up to five different beneficiaries named in all his or her revocable trust accounts at one FDIC-insured institution will be insured up to $100,000 per beneficiary. Revocable trust account owners with more than $500,000 and more than five different beneficiaries named in the trust(s) will be insured for the greater of either: $500,000 or the aggregate amount of all the beneficiaries’ interests in the trust(s), limited to $100,000 per beneficiary. 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 330   
Legal Authority: 12 USC 1813(l)    12 USC 1813(m)    12 USC 1817(i)    12 USC 1818(q)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  09/30/2008  73 FR 56706   
Interim Final Rule Comment Period End  12/01/2008    
Final Action  12/00/2009    
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/08final.html   Public Comment URL: http://www.fdic.gov/regulations/laws/federal/08final.html  
RIN Data Printed in the FR: No 
Agency Contact:
Joseph A. DiNuzzo
Counsel, Legal Division
Federal Deposit Insurance Corporation
Washington, DC 20429
Phone:202 898-7349

Christopher L. Hencke
Counsel, Legal Division
Federal Deposit Insurance Corporation
550 17th Street NW.,
Washington, DC 20429
Phone:202 898-8839

Kathleen G. Nagle
Associate Director
Federal Deposit Insurance Corporation
Washington, DC 20429
Phone:202 898-6541