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Banks Adapted and Now What? FDIC’s Brokered Deposit Proposal Rattles Industry

August 15, 2024

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Ampersand Chairman and CEO Kelly Brown argues that the FDIC’s proposed rules on brokered deposits impose unnecessary burdens on community banks and fail to address the complexities of modern fintech relationships. Brown calls for more specific regulations for fintech deposits and a greater focus on issues like reporting and due diligence. Read more.

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