DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Sign in and take the values quiz to see how this bill lines up with what you've said.
The Keeping Deposits Local Act amends the Federal Deposit Insurance Act to increase the amount of reciprocal deposits at insured depository institutions that are exempt from deposit broker regulations. The bill establishes a tiered system based on institution size, allowing larger percentages of reciprocal deposits for smaller banks (50% for institutions under $1 billion in liabilities) and declining percentages for larger institutions. It also modifies the definition of eligible institutions to use CAMELS ratings (a standardized bank safety measure) rather than composite condition language.
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
Sign in to see how your representatives voted on this bill.