12 C.F.R. § 347.203

Current through May 31, 2024

Section 347.203 - Deposit insurance required for all branches of foreign banks engaged in domestic retail deposit activity in the same State

The FDIC will not insure deposits in any branch of a foreign bank unless the foreign bank agrees that every branch established or operated by the foreign bank in the same state that engages in domestic retail deposit activity will be an insured branch.

12 C.F.R. §347.203