Monthly
%
2023 - 2026
Feb 1, 2023 to Mar 1, 2026
FRED
1 weeks ago
RecentMay 18, 2026
On December 15, 2020, the FDIC Board of Directors approved a Final Rule making certain revisions to the interest rate restrictions applicable to less than well capitalized institutions (as defined in Section 38 of the Federal Deposit Insurance Act), which are effective on April 1, 2021. The interest rate restrictions generally limit a less than well capitalized institution from soliciting deposits by offering rates that significantly exceed rates in its prevailing market. ** The Final Rule redefined the \"national rate\" as the average of rates paid by all insured depository institutions and credit unions for which data is available, with rates weighted by each institution\'s share of domestic deposits. The \"national rate cap\" is calculated as the higher of: (1) the national rate plus 75 basis points; or (2) 120 percent of the current yield on similar maturity U.S. Treasury obligations plus 75 basis points. The national rate cap for non-maturity deposits is the higher of the national
As of March 1, 2026 • M data • Source: FRED
This dataset contains 38 monthly observations, over 3 years, 3 months, updated monthly from FRED. View Methodology
Data Points
38
Coverage
3 years, 3 months
Updates
monthly
This dataset's metadata was updated on 5/21/2026. The current data may be outdated.