Starting July 1, banks must provide new deposit insurance disclosures for employee benefit plan accounts.

Under the 1991 banking law, whether insurance coverage passes through to each participant of a benefit plan depends on the bank's capital when the deposit is taken.

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.