WASHINGTON — A Federal Deposit Insurance Corp. rule finalized Friday will tighten deposit rate restrictions on institutions short on capital while loosening rules for healthier banks.

The regulation was one of six actions taken by the FDIC's board, which also established a special advisory committee on community banks, amended the agency's temporary debt guarantee program and passed rules implementing the Fair and Accurate Credit Transactions Act.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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