The “Recordkeeping for Timely Deposit Insurance Determination” rule (FDIC’s 12 CFR Part 370) requires insured depository institutions with >2 million deposits to configure their IT systems to be capable of calculating the insured and uninsured amount in each deposit account by ownership right and capacity, and maintain complete and accurate information needed by the FDIC to determine deposit insurance coverage for each deposit account.
Part 370 readiness assessments
Rules set articulation
Software and tools development
Examination preparation and support