The Federal Deposit Insurance Corp. sought input Friday on ways to structure checking and savings products for low- and moderate-income customers.

The agency suggested guiding principles for offering such products, including low fees and terms that are easy to understand, and urged that they "represent sustainable product offerings." The FDIC also presented templates for safe checking and savings accounts.

One would be structured as a low-fee, basic checking account, or as a debit card linked to an insured account. Another encouraged automatic deposits into a savings account and providing the customer with "liquidity needed for coping with unexpected events."

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