The federal budget deadlock could cost banks $440 million in lost deposit insurance premium rebates.

But bank trade groups are asking Congress to allow the Federal Deposit Insurance Corp. to refund premiums paid during the last half of 1995 - money they would be entitled to if not for the budget stalemate.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.