{"id":289023,"date":"2026-06-09T13:13:00","date_gmt":"2026-06-09T17:13:00","guid":{"rendered":"https:\/\/ncrc.org\/?p=289023"},"modified":"2026-06-11T14:37:56","modified_gmt":"2026-06-11T18:37:56","slug":"ncrc-urges-fdic-to-address-risk-of-deposit-flight-in-genius-act-rulemaking","status":"publish","type":"post","link":"https:\/\/ncrc.org\/ncrc-urges-fdic-to-address-risk-of-deposit-flight-in-genius-act-rulemaking\/","title":{"rendered":"NCRC Comment On FDIC GENIUS Act Rulemaking"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"289023\" class=\"elementor elementor-289023\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-62cfbac7 e-flex e-con-boxed e-con e-parent\" data-id=\"62cfbac7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b794a1 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href=\"#elementor-action%3Aaction%3Doff_canvas%3Aopen%26settings%3DeyJpZCI6IjFiNzk0YTEiLCJkaXNwbGF5TW9kZSI6Im9wZW4ifQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17af1897 elementor-widget elementor-widget-text-editor\" data-id=\"17af1897\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>June 9, 2026<\/p><p><em>[Via: email to Comments@fdic.gov<\/em>\u00a0<em>through\u00a0<\/em><em>FDIC Website at<\/em><em>\u00a0https:\/\/www.fdic.gov\/federal-register-publications)<\/em>]<\/p><p>Travis Hill, Chairman<br \/>Federal Deposit Insurance Corporation<br \/>550 17<sup>th<\/sup>\u00a0Street, NW<br \/>Washington, DC 20429<\/p><p>Attn: Comments- RIN 3064\u2014AG19<\/p><p>Re: GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions Notice of Proposed Rulemaking\u00a0<strong>[RIN 3064\u2014AG19]<\/strong><\/p><p>Dear Chairman Hill:<\/p><p>The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the notice of proposed rulemaking (NPRM) issued by the Federal Deposit Insurance Corporation (FDIC) regarding implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) requirements and standards for FDIC-supervised stablecoin issuers and institutions.<a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a><\/p><p>NCRC is a network of more than 700 community-based organizations dedicated to creating a nation that not only promises but delivers opportunities for all Americans to build wealth and\u00a0attain\u00a0a high quality of life. We work with community leaders and policymakers to advance solutions and build the will to solve America\u2019s persistent racial and socio-economic wealth, income, and opportunity divides, and to make a Just Economy a national priority and a local reality.\u00a0<\/p><p>NCRC urges the FDIC to: (1) address the risk of deposit flight and its impact to community investment and lending; (2) ensure regulatory definitions are consistent in the FDIC GENIUS Act final rule and with the various other GENIUS Act implementing rules and any subsequent legislation to avoid consumer protection issues; (3) seek input from other regulators and re-evaluate its technology neutral approach to deposit insurance because of the potential systemic and other risks associated with blockchain technology.<\/p><h3><strong>1 Yield provisions and presumption do not go far enough to prevent deposit flight<\/strong>.<a href=\"#_ftn2\" name=\"_ftnref2\">[2]<\/a><\/h3><p>The GENIUS Act prohibits permitted payment stablecoin issuers from paying \u201cthe holder of any payment stable coin any form of interest or yield (whether in cash, tokens, or other consideration) solely in connection with the holding, use, or retention of such payment stablecoin.\u201d<a href=\"#_ftn3\" name=\"_ftnref3\">[3]<\/a>\u00a0The prohibition in the statute is limited to issuers, not other players in the stablecoin ecosystem, namely, cryptocurrency exchanges through which issuers currently indirectly pay yield to holders. For example, exchanges can hold stablecoin on the blockchain on behalf of a retail holder. Some issuers pass interest earned on the reserves it holds to the exchange, which the exchange then uses to pay the retail holder yield.<a href=\"#_ftn4\" name=\"_ftnref4\">[4]<\/a>\u00a0Exchanges may also pay yield to holders through other means, as well.<\/p><p>The FDIC GENIUS Act NPRM prohibits the \u201cthe paying of interest or yield simply for holding using or retaining a payment stablecoin, including through arrangements with affiliates or related third parties that effectively provide such yield.\u201d<a href=\"#_ftn5\" name=\"_ftnref5\">[5]<\/a>\u00a0Activity-based rewards and yield would be allowed under this framework but it attempts to limit issuers from circumventing the prohibition through setting up arrangements with third parties and affiliates. Those efforts, unfortunately, are unlikely to be enough to prevent deposit flight &#8212; the movement of funds by households and businesses from bank deposit accounts to stablecoins.<\/p><p>Bank deposits fund bank lending activities and community investment and development. The incentivizing of use of stablecoins and the resulting deposit flight will seriously impair banks\u2019 lending capabilities and ability to invest in their communities. According to the American Bankers Association, this is especially true of smaller community banks.<a href=\"#_ftn6\" name=\"_ftnref6\">[6]<\/a>\u00a0It notes that when community banks lose deposits, they must replace the funding, \u201coften through higher-cost wholesale borrowing\u201d and \u201cthe increased funding costs translate into less lending and higher borrowing costs for households and small businesses.\u201d<a href=\"#_ftn7\" name=\"_ftnref7\">[7]<\/a><\/p><p>The US Treasury\u2019s Borrowing and Advisory Committee (TBAC) estimated that as much as\u00a0$6.6 trillion\u00a0in deposits could move from the traditional finance sector into the stablecoin market.<a href=\"#_ftn8\" name=\"_ftnref8\">[8]<\/a>\u00a0The\u00a0Independent Community Bankers Association (ICBA) predicts that the stablecoin market will \u201cgrow to $5 trillion, draining $1.3 trillion in deposits from community banks\u201d resulting in a drop of $850 billion in community bank lending.<a href=\"#_ftn9\" name=\"_ftnref9\">[9]<\/a>\u00a0It estimates that community banks make approximately 60% of all small business loans and 80% of agricultural loans nationally.<a href=\"#_ftn10\" name=\"_ftnref10\">[10]<\/a>\u00a0<\/p><p>Banks operate within a broader public policy framework designed to ensure that federally supported financial institutions help meet household, small business, and community credit needs. Stablecoin issuers may increasingly compete with banks for customer funds while operating under a vastly different regulatory framework. The FDIC should consider whether large-scale migration of funds into stablecoin ecosystems could weaken the flow of capital into communities that depend on traditional lending institutions. For example,\u00a0deposits held in insured depository institutions help support mortgage lending, small business lending, agricultural lending, branch networks, low-cost transaction accounts, and community development finance. When funds migrate into stablecoin ecosystems that do not carry comparable community reinvestment obligations, underserved communities may lose access to the credit and banking infrastructure that federal banking policy is supposed to preserve. NCRC has long advocated for requiring stablecoin issuers to reinvest a portion of their proceeds into community development projects in underserved communities.<a href=\"#_ftn11\" name=\"_ftnref11\">[11]<\/a>\u00a0It would\u00a0allow for a more level playing field between banks and stablecoin issuers.<\/p><p>The GENIUS Act\u2019s narrow prohibition of the payment of stablecoin yield raises significant deposit flight concerns that the FDIC\u00a0GENIUS Act\u00a0NPRM\u2019s expansion to include affiliates and related third parties does not address.<\/p><h3><strong>2. Definitions need to be consistent between and among the rulemakings and legislation to avoid incongruous treatment and consumer protection issues.<a href=\"#_ftn12\" name=\"_ftnref12\">[12]<\/a><\/strong><\/h3><p>Because the current legislative and regulatory framework for the stablecoin and cryptocurrency market is in flux and evolving, it creates the potential for differing definitions and consumer protection implications. The GENIUS Act requires regulators including the Treasury Department, the Office of the Comptroller of the Currency (OCC), Federal Reserve, and the National Credit Union Administration (NCUA), as well as the FDIC, to issue implementing regulations.<a href=\"#_ftn13\" name=\"_ftnref13\">[13]<\/a>\u00a0Several proposed rulemakings are in process, including this one, while others have closed. For example, the comment period for the OCC\u2019s proposed implementing regulation closed in May. In addition to these regulatory efforts, Congress is currently considering a digital asset market structure bill, the Clarity Act, which could expand on the GENIUS Act framework.\u00a0\u00a0<\/p><p>Given the complexity of the anticipated regulatory structure for the digital asset market and the interconnectedness of the US banking system, it is crucially important that definitions between and among the rulemakings and legislation be consistent. A lack of consistency in these definitions can result in inconsistent treatment of consumers because rights and responsibilities are tied to these definitions. For example, the OCC GENIUS Act NPRM defines the term \u201ccustomer\u201d as \u201ca\u00a0<em>person that<\/em>\u00a0<em>purchased\u00a0<\/em>(through any consideration)<em>\u00a0the products or services of person<\/em>.<a href=\"#_ftn14\" name=\"_ftnref14\">[14]<\/a>\u00a0The FDIC GENIUS Act NPRM defines customer more narrowly in the context of issuance as \u201ca person that\u00a0<em>purchases\u00a0<\/em>(through any consideration<em>) the products or services of a PPPSI\u00a0<\/em>[permitted payment stablecoin issuer]<em>\u00a0directly from the PPSI<\/em>.\u201d<a href=\"#_ftn15\" name=\"_ftnref15\">[15]<\/a>\u00a0This definition excludes secondary market holders, end-users obtaining stablecoins via intermediaries, and wallet users with no direct interaction with issuers.<\/p><p>But, elsewhere in the proposed rule, the FDIC defines customer more inclusively in connection with the role of custodians to be \u201ca person for whom or on whose behalf a custodian receives, acquires, or holds payment stablecoin reserves, payment stablecoins used as collateral, private keys, cash, and other property received in the course of the provision of custody services for such assets.\u201d<a href=\"#_ftn16\" name=\"_ftnref16\">[16]<\/a><\/p><p>Rights and responsibilities flow from the FDIC\u2019s definitions of customer and implicate things like redemption rights and disclosures. The contextual definitions of customer in the FDIC proposed rule may result in inconsistent treatment of like actors. A holder of a stablecoin that purchased it directly from an issuer would be a customer under both FDIC customer definitions; but if the holder purchased it from an exchange, it would only be a customer in connection with custody services. Inconsistent definitions means that two people holding the same stablecoin would have different rights depending on whether they bought directly from the issuer, through an exchange, or through a wallet. This is not merely a drafting problem \u2013 it has serious implications for the protections afforded stablecoin users and holders \u2013 and thus is a consumer-protection problem.<\/p><p>Creating uniformity within the FDIC\u2019s proposed rule is only half the battle \u2013different definitions for the same terms in other GENIUS Act implementing rules have the potential to create coordination challenges and divergent outcomes, including the incongruous results caused by which regulators\u2019 rules apply.\u00a0<\/p><h3><strong>3. Technology neutral approach to deposit insurance raises serious risks to financial system and consumers.<a href=\"#_ftn17\" name=\"_ftnref17\">[17]<\/a><\/strong><\/h3><p>In response to a series of banking failures, Congress, as part of the Banking Act of 1933, created the FDIC.<a href=\"#_ftn18\" name=\"_ftnref18\">[18]<\/a>\u00a0Part of the FDIC\u2019s mission is to maintain stability and public confidence in the banking system by insuring deposits. Deposit insurance was created by the Banking Act of 1933 as a means of preventing bank runs \u2013 whereby depositors seek to withdraw funds en masse, and cause banks to fail because they lack the liquidity to pay out all depositors.<a href=\"#_ftn19\" name=\"_ftnref19\">[19]<\/a><\/p><p>The FDIC GENIUS Act NPRM proposes to \u201cclarify\u201d that the FDI Act\u2019s definition of a deposit is \u201ctechnology neutral,\u201d meaning tokenized deposits are treated the same as other forms of deposits including in connection with deposit insurance coverage.<a href=\"#_ftn20\" name=\"_ftnref20\">[20]<\/a>\u00a0Currently, the FDIC insures deposits up to $250,000 per depositor per ownership category.<a href=\"#_ftn21\" name=\"_ftnref21\">[21]<\/a>\u00a0The proposed change would impact all FDIC insured accounts held at institutions including those supervised by other Prudential regulators, such as the OCC. However, the proposal is silent about any coordination with other regulators.<\/p><p>This so-called clarification introduces a level of uncertainty to something that has been in existence \u2013 and worked well \u2013 for over 90 years. The 24\/7 nature of blockchain technologies and speed of blockchain transactions has the potential to increase the risk of bank runs \u2013 tokenized deposits can move more quickly, and banks may not be able or have the liquidity to respond. Increased bank runs could place stress on the deposit insurance system. It is also possible that tokenized deposits will move outside of the banking network into other cryptocurrency exchanges or platforms. It is unclear what the implications are for banks and the deposit insurance system when tokenized deposits travel in that more fluid, less regulated environment. Potentially, shocks to exchanges or platforms in the digital marketplace could cause systemic risks to the banking system. Also, although tokenized deposits may act similarly to stablecoins, they likely would have more favorable treatment because as deposits, they would be eligible for deposit insurance. Where the same or similar activities or products receive different regulatory treatment, regulatory arbitrage and consumer confusion thrives.<\/p><p>FDIC should not assume that the same legal label means the same practical risk.\u00a0In light of recent market developments, such as the proposal by some of the largest US banks to create their own tokenized deposit network, it would be prudent to gather more information before finalizing this part of the proposed rule.<a href=\"#_ftn22\" name=\"_ftnref22\">[22]<\/a>\u00a0NCRC encourages the FDIC to refrain from finalizing its proposal regarding the treatment of tokenized deposits and re-evaluate it after receiving input from other Prudential regulators regarding the potential risks to the deposit insurance and banking systems.<\/p><h3><strong>Conclusion<\/strong><\/h3><p>NCRC urges the FDIC to:<\/p><ol><li>address the risk of deposit flight and its impact on community investment and lending;<\/li><li>ensure regulatory definitions are consistent in the FDIC GENIUS Act final rule and with the various other GENIUS Act implementing rules and any subsequent legislation to avoid consumer protection issues;<\/li><li>re-evaluate its technology neutral approach to deposit insurance after receiving input from other regulators, because of the potential systemic and other risks associated with blockchain technology.<\/li><\/ol><p>Thank you for the opportunity to offer our input on the FDIC GENIUS Act NPRM. If you have any questions,\u00a0please\u00a0contact me\u00a0at\u00a0<a href=\"mailto:jvantol@ncrc.org\">jvantol@ncrc.org<\/a>, or Tara Flynn at\u00a0<a href=\"mailto:tflynn@ncrc.org\">tflynn@ncrc.org<\/a>.<\/p><p>Thank you for your consideration.<\/p><p>Sincerely,\u00a0<br \/>Jesse Van Tol, <br \/>President and CEO, NCRC \u00a0<\/p><p>\u00a0<\/p><p>\u00a0<\/p><p><a href=\"#_ftnref1\" name=\"_ftn1\">[1]<\/a>\u00a0FDIC,\u00a0<em>Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions,\u201d Notice of Proposed Rulemaking<\/em>, 91 Fed. Reg. 18,534 (Apr. 10, 2026) [hereinafter FDIC GENIUS Act NPRM].<\/p><p><a href=\"#_ftnref2\" name=\"_ftn2\">[2]<\/a>\u00a0See Questions 21-24, FDIC GENIUS Act NPRM at 18540.<\/p><p><a href=\"#_ftnref3\" name=\"_ftn3\">[3]<\/a>\u00a0GENIUS Act \u00a7 4(a)(11); FDIC GENIUS Act NPRM at \u00a7 350.3(b)(4).<\/p><p><a href=\"#_ftnref4\" name=\"_ftn4\">[4]<\/a>\u00a0Cong. Rsch. Serv.,\u00a0<em>The Stablecoin Yield Debate<\/em>\u00a0(Mar. 2026), https:\/\/www.congress.gov\/crs-product\/IF13174.<\/p><p><a href=\"#_ftnref5\" name=\"_ftn5\">[5]<\/a>\u00a0Staff Memo to FDIC Bd. of Dirs., Re: Notice of Proposed Rulemaking on GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions 2 (Apr. 7, 2026) [hereinafter Staff Memo].<\/p><p><a href=\"#_ftnref6\" name=\"_ftn6\">[6]<\/a>\u00a0Sayee Srinivasan and Yikai Wang, The CEA Studied the Wrong Question on Stablecoin \u2018Yield\u2019 and Community Banks,\u00a0<em>ABA Banking J.<\/em>\u00a0(Apr. 13, 2026), https:\/\/bankingjournal.aba.com.<\/p><p><a href=\"#_ftnref7\" name=\"_ftn7\">[7]<\/a>\u00a0<em>Id.<\/em><\/p><p><a href=\"#_ftnref8\" name=\"_ftn8\">[8]<\/a>\u00a0U.S. Dep\u2019t of the Treasury, Treasury Borrowing Advisory Committee (Apr. 30, 2025), https:\/\/home.treasury.gov\/system\/files\/221\/TBACCharge2Q22025.pdf.<\/p><p><a href=\"#_ftnref9\" name=\"_ftn9\">[9]<\/a>\u00a0Indep. Cmty. Bankers of Am.,\u00a0<em>Stablecoins, Master Accounts, and National Trust Charters: Community Bankers Urge a Pause on Policies for Unaccountable Entities<\/em>\u00a04 (May 6, 2026), www.icba.org.<\/p><p><a href=\"#_ftnref10\" name=\"_ftn10\">[10]<\/a>\u00a0Indep. Cmty. Bankers of Am.,\u00a0<em>About Community Banking<\/em>, www.icba.org.<\/p><p><a href=\"#_ftnref11\" name=\"_ftn11\">[11]<\/a>\u00a0See Bakari Levy and Kevin Hill,\u00a0<em>The Need for Community Development Accountability for Stablecoin Issuers<\/em>, NCRC (Jul. 14, 2025), https:\/\/ncrc.org.<\/p><p><a href=\"#_ftnref12\" name=\"_ftn12\">[12]<\/a>\u00a0See Questions 1 and 3, FDIC GENIUS Act NPRM, at 18537.<\/p><p><a href=\"#_ftnref13\" name=\"_ftn13\">[13]<\/a>\u00a012 USC \u00a7 5901 et. seq.<\/p><p><a href=\"#_ftnref14\" name=\"_ftn14\">[14]<\/a>\u00a091 Fed. Reg. 10,202, 10,205 (emphasis added).<\/p><p><a href=\"#_ftnref15\" name=\"_ftn15\">[15]<\/a>\u00a0FDIC GENIUS Act NPRM at 18535 (emphasis added) (limiting the application of the definition to part 350, subpart A.)<\/p><p><a href=\"#_ftnref16\" name=\"_ftn16\">[16]<\/a>\u00a0FDIC GENIUS Act NPRM at 18556 (emphasis added) (limiting the application of the definition to part 350, subpart B).<\/p><p><a href=\"#_ftnref17\" name=\"_ftn17\">[17]<\/a>\u00a0See Questions 131-139, FDIC GENIUS Act NPRM at 18561.<\/p><p><a href=\"#_ftnref18\" name=\"_ftn18\">[18]<\/a>\u00a0GovFacts,\u00a0<em>Is Your Monday Safe: How Banking Deregulation Affects You<\/em>\u00a0(Dec. 5, 2025), https:\/\/govfacts.org.\u00a0\u00a0<\/p><p><a href=\"#_ftnref19\" name=\"_ftn19\">[19]<\/a>\u00a0<em>Id.<\/em><\/p><p><a href=\"#_ftnref20\" name=\"_ftn20\">[20]<\/a>\u00a0Staff Memo at 6.<\/p><p><a href=\"#_ftnref21\" name=\"_ftn21\">[21]<\/a>\u00a0FDIC GENIUS Act NPRM at 1855.<\/p><p><a href=\"#_ftnref22\" name=\"_ftn22\">[22]<\/a>\u00a0Gina Heeb and Vicky Ge Huang, JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto,<em>\u00a0MSN<\/em>\u00a0(June 4, 2026), www.msn.com.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>&nbsp; Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now &nbsp; Complete the form to download the pdf: Download June 9, 2026 [Via: email to Comments@fdic.gov\u00a0through\u00a0FDIC Website at\u00a0https:\/\/www.fdic.gov\/federal-register-publications)] Travis Hill, Chairman Federal Deposit Insurance Corporation 550 17th\u00a0Street, NW Washington, DC 20429 Attn: Comments- [&hellip;]<\/p>\n","protected":false},"author":932,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"page_builder":"","footnotes":""},"categories":[1046],"tags":[],"class_list":["post-289023","post","type-post","status-publish","format-standard","hentry","category-testimony"],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"NCRC","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"&nbsp; Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now &nbsp; Complete the form to download the pdf: Download June 9, 2026 [Via: email to Comments@fdic.gov\u00a0through\u00a0FDIC Website at\u00a0https:\/\/www.fdic.gov\/federal-register-publications)] Travis Hill, Chairman Federal Deposit Insurance Corporation 550 17th\u00a0Street, NW Washington, DC 20429 Attn: Comments-&hellip;","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/289023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/932"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=289023"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/289023\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=289023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=289023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=289023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}