Y2K BACKUP: The Federal Deposit Insurance Corp. issued an interim final rule June 3 that will require banks unprepared for the year-2000 changeover to make digital copies of account data beginning Dec. 24. Affected banks will be those with less-than-satisfactory Y2K compliance ratings as of July 31. Expected to be published soon.
HOME LOAN BANKS: The Federal Housing Finance Board announced it may establish "financial management and mission achievement requirements" for Federal Home Loan bank directors and senior managers. Published June 7.