,,ib ,union ,cal5d> ,no4 #cba #aai?     
,,congress  #a/ ,session  ,h4 ,r4 #ecag 
,report ,no4 #aai-cfi ,,9 ,,! ,,h\se ,,(
 ,,repres5tatives  ,septemb] #aa1       
#bjbe,mr4 ,hill ( ,arkansas introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices        
,novemb] #d1 #bjbe,report$ ) an am5dm5t1
 committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union1 & ord]$ to 
be printed,strike out all aft] ! enact+ 
clause & ins]t ! "p pr9t$ 9 italic,for  
text ( introduc$ bill1 see copy ( bill z
 introduc$ on ,septemb] #aa1 #bjbe  ,a  
,,bill  ,to am5d ! ,f$]al ,deposit      
,insurance ,act to ensure t c]ta9       
cu/odial deposits ( well capitaliz$     
insur$ depository in/itutions are n     
consid]$ to be funds obta9$ by or ?r\gh 
deposit brok]s1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,community ,bank ,deposit ,access ,act (
 #bjbe4  #b4 ,limit$ exception =        
cu/odial deposits  7a7 ,9 g5]al ,section
 #bi ( ! ,f$]al ,deposit ,insurance ,act

 7#ab ,u4,s4,c4 #ahca;f7 is am5d$ by    
add+ at ! end ! foll[+3  7j7 ,limit$    
exception = cu/odial deposits  7#a7 ,9  
g5]al ,cu/odial deposits ( an eligible  
in/itution %all n be consid]$ to be     
funds obta9$1 directly or indirectly1 by
 or ?r\gh a deposit brok] to ! ext5t t !
 total am\nt ( su* cu/odial deposits    
does n exce$ an am\nt equal to #bj p]c5t
 ( ! total liabilities ( ! eligible     
in/itution4  7#b7 ,def9itions ,9 ?is    
subsection3 7,a7 ,cu/odial deposit ,!   
t]m cu/odial deposit means a deposit t  
is n deposit$ at an insur$ depository   
in/itution 9 return = fees paid by !    
insur$ depository in/itution pursuant to
 an agreem5t ) a ?ird p>ty & t w\ld     
o!rwise be consid]$ to be obta9$1       
directly or indirectly1 by or ?r\gh a   
deposit brok]1 if ! deposit is deposit$ 
at #a or m insur$ depository            
in/itutions1 = ! purpose ( provid+ or   
ma9ta9+ deposit insurance = ! b5efit ( a
 ?ird p>ty1 by or ?r\gh any ( ! foll[+1 
ea* act+ 9 a =mal cu/odial or fiduci>y  

capacity = ! b5efit ( a ?ird p>ty3 7i7  
,an insur$ depository in/itution s]v+ z 
ag5t1 tru/ee1 or cu/odian4  7ii7 ,a tru/
 entity controll$ by an insur$          
depository in/itution s]v+ z ag5t1      
tru/ee1 or cu/odian4  7iii7 ,a          
,/ate-*>t]$ tru/ company s]v+ z ag5t1   
tru/ee1 or cu/odian4  7iv7 ,a plan      
adm9i/rator or inve/m5t advisor1 act+ 9 
a =mal cu/odial or fiduci>y capacity = !
 b5efit ( a plan4  7,b7 ,eligible       
in/itution ,! t]m eligible in/itution   
means an insur$ depository in/itution t 
accepts cu/odial deposits1 if ! insur$  
depository in/itution has less ?an      
#aj1jjj1jjj1jjj 9 total assets z report$
 on ! consolidat$ report ( condition &  
income z report$ qu>t]ly to !           
appropriate ,f$]al bank+ ag5cy &-- 7i7  
7,i7 :5 mo/ rec5tly exam9$ "u section   
#aj7;d7 0 assign$ a composite rat+ ( #a1
 #b1 or #c "u ! ,uni=m ,f9ancial        
,in/itutions ,rat+ ,sy/em 7or an        
equival5t rat+ "u a comp>able rat+      
sy/em72 &  7,,ii7 is well capitaliz$2 or

  7ii7 has obta9$ a waiv] pursuant to   
subsection 7c74  7,c7 ,plan ,! t]m plan 
has ! mean+ giv5 ! t]m 9 section #c ( ! 
,employee ,retirem5t ,income ,security  
,act ( #aigd 7#bi ,u4,s4,c4 #ajjb74     
7,d7 ,plan adm9i/rator ,! t]m plan      
adm9i/rator has ! mean+ giv5 ! t]m      
adm9i/rator 9 section #c ( ! ,employee  
,retirem5t ,income ,security ,act (     
#aigd 7#bi ,u4,s4,c4 #ajjb74  7,e7 ,well
 capitaliz$ ,! t]m well capitaliz$ has !
 mean+ giv5 ! t]m 9 section #ch7;b74  4 
7b7 ,int]e/ rate re/riction ,section #bi
 ( ! ,f$]al ,deposit ,insurance ,act    
7#ab ,u4,s4,c4 #ahca;f71 z am5d$ by     
subsection 7a71 is fur!r am5d$ by add+  
at ! end ! foll[+3  7k7 ,re/riction on  
int]e/ rate paid on c]ta9 cu/odial      
deposits  7#a7 ,def9itions ,9 ?is       
subsection-- 7,a7 ! t]ms cu/odial       
deposit1 eligible in/itution1 & well    
capitaliz$ h ! mean+s giv5 ^? t]ms 9    
subsection 7j72 &  7,b7 ! t]m cov]$     
insur$ depository in/itution means an   
insur$ depository in/itution t :ile act+

 z an eligible in/itution "u subsection 
7j71 accepts cu/odial deposits :ile n   
well capitaliz$4  7#b7 ,prohibition ,a  
cov]$ insur$ depository in/itution may n
 pay a rate ( int]e/ on cu/odial        
deposits t are accept$ :ile n well      
capitaliz$ t1 at ! "t ! funds or        
cu/odial deposits are accept$1          
significantly exce$s ! limit set =? 9   
p>agraph 7#c74  7#c7 ,limit on int]e/   
rates ,! limit on ! rate ( int]e/ ref]r$
 to 9 p>agraph 7#b7 %all be n great]    
?an-- 7,a7 ! rate paid on deposits (    
simil> maturity 9 ! normal m>ket area ( 
! cov]$ insur$ depository in/itution =  
deposits accept$ 9 ! normal m>ket area (
 ! cov]$ insur$ depository in/itution2  
or  7,b7 ! national rate paid on        
deposits ( comp>able maturity1 z        
e/abli%$ by ! ,corporation1 = deposits  
accept$ outside ! normal m>ket area ( ! 
cov]$ insur$ depository in/itution4  4  
,novemb] #d1 #bjbe,report$ ) an am5dm5t1
 committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union1 & ord]$ to 

be pr9t$