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e-CFR data is current as of September 17, 2020

Title 12Chapter IIISubchapter BPart 347Subpart B → §347.203


Title 12: Banks and Banking
PART 347—INTERNATIONAL BANKING
Subpart B—Foreign Banks


§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.

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