Federal Deposit Insurance Corporation

Before the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation: Interest on Deposits-Automatic Transfers of Savings Deposits

by Barry Bosworth March 20, 1978 Board of Governers of the Federal Reserve System

The Council on Wage and Price Stability (Council) offers these comments on a proposal by the Board of Governors of the Federal Reserve System (Board) to permit automatic transfer of funds from an individual’s saving account to his or her checking account to cover checks drawn by the depositor or to replenish the depositor’s checking […]

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Comments of the Council on Wage and Price Stability: Before the Board of Governors of the Federal Reserve and the FDIC: Interest on Deposits Proposed Amendment to Permit Preauthorized Withdrawals from Savings Deposits to Cover Insufficient Funds Items

by William Lilley June 14, 1976 Board of Governers of the Federal Reserve System

A proposal to allow depositors to authorize their bank to cover overdrafts on a checking account by using funds from their savings accounts was supported today by the Council on Wage and Price Stability. The Council’s view, made in a filing before the Federal Reserve Board (FRB) and the Federal Deposit Insurance Corporation (FDIC), supported […]

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Comments of the Council on Wage and Price Stability Before the Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System: Interest on Deposits Pooling of Funds

by Michael H. Moscow May 10, 1976 Board of Governers of the Federal Reserve System

The Council on Wage and Price Stability (“Council “) hereby submits its comments on the proposals made by the Federal Deposit Insurance Corporation (“FDIC”) and the Board of Governors of the Federal Reserve System (“FRB”) which would restrict payment of negotiated rates of interest on pooled time deposits of $100,000 or more. (See 41 FR […]

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Council Comments in Favor of Pooled Time Deposits

by Council on Wage and Price Stability May 10, 1976 Board of Governers of the Federal Reserve System

The Council on Wage and Price Stability today criticized regulations proposed by the Federal Deposit Insurance Corporation (FDIC) and the Board of Governors of the Federal Reserve System (FRB) which would restrict payment of interest on pooled time deposits of $100,000 or more. In the Council’s view, the benefits of the FDIC-FRB proposals have not […]

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