INTEREST RATES: NCUA extended the 18% cap on interest rates that federal credit unions may charge members. The cap was supposed to expire in September, but the agency extended it 18 months to March 8, 1999. Published July 31. Effective Sept. 9.

DEMAND DEPOSITS: The FDIC gave banks a freer hand to pay premiums on demand deposit accounts, provided the bonus is tied to something other than the customer's balance or how long the funds are held at the bank. Published and effective July 30.

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