Regulatory Alerts2019-10-09 | 2019-21324Interest Rate Restrictions on Institutions That Are Less Than Well Capitalized
The Federal Deposit Insurance Corporation (FDIC) issued a supplemental notice of proposed rulemaking to update its regulatory flexibility analysis regarding interest rate restrictions for less than well capitalized insured depository institutions. The FDIC revised the methodology for calculating national and local rate caps to reflect inflation-adjusted Small Business Administration size standards and proposed changes to how these caps are determined. Based on an analysis of March 2019 data, the FDIC certified that the proposed rule will not have a significant economic impact on a substantial number of small entities.
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