FDIC Extends Comment Period for Feedback on Improving Deposit Insurance Application Process

The FDIC extended the comment period for feedback on ways in which it can enhance the deposit insurance application process. The original deadline of February 11, 2019 was extended to March 31, 2019.

As previously covered, the FDIC is seeking feedback on (i) ways in which the FDIC can support the evolution of emerging technology and FinTech companies, (ii) parts of the application process that might affect future applications and (iii) possible changes to the application process for community bank proposals.

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