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FDIC RIN: 3064-AE33 Publication ID: Fall 2016 
Title: Recordkeeping for Timely Deposit Insurance Determination 
Abstract:

The Federal Deposit Insurance Corporation (FDIC) sought comment on a proposed rule that would facilitate prompt payment of FDIC-insured deposits when large insured depository institutions fail. The proposal required insured depository institutions that have two million or more deposit accounts to maintain complete and accurate data on each depositor’s ownership interest by right and capacity for all of the institution’s deposit accounts, and to develop the capability to calculate the insured and uninsured amounts for each deposit owner by ownership right and capacity for all deposit accounts, which would be used by the FDIC to make deposit insurance determinations in the event of the insured depository institution’s failure.

 

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 12 CFR 370   
Legal Authority: 12 U.S.C. 1819(Tenth)    12 U.S.C. 1821(f)(1)    12 U.S.C. 1822(c)    12 U.S.C. 1823(c)(4)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  04/28/2015  80 FR 23478   
ANPRM Comment Period End  07/27/2015 
NPRM  02/26/2016  81 FR 10025   
NPRM Comment Period End  05/26/2016 
NPRM Comment Period Extended  06/27/2016  81 FR 33424   
Final Rule  11/00/2016 
Additional Information: Email: Comments@fdic.gov. Include RIN 3064-AE33 on the subject line of the message.
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/propose.html   Public Comment URL: http://www.fdic.gov/regulations/laws/federal/propose.html  
RIN Data Printed in the FR: No 
Agency Contact:
Marc Steckel
Deputy Director
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3618
Email: msteckel@fdic.gov

Teresa Franks
Assistant Director
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:571 858-8226
Email: tfranks@fdic.gov

Shane Kiernan
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW, VS-D-7116,
Washington, DC 20429-0002
Phone:703 562-2632
Email: skiernan@fdic.gov