DIDMCA

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:affectedInstitutions banks
credit unions
savings and loan associations
gptkbp:citation gptkb:Public_Law_96-221
gptkbp:country gptkb:United_States
gptkbp:dateEnacted 1980
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:fullName gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act
https://www.w3.org/2000/01/rdf-schema#label DIDMCA
gptkbp:provides required all depository institutions to meet Federal Reserve requirements
allowed NOW accounts nationwide
increased FDIC insurance coverage to $100,000
phased out interest rate ceilings on deposit accounts
gptkbp:purpose deregulation of depository institutions
monetary control
gptkbp:signedBy gptkb:Jimmy_Carter
March 31, 1980
gptkbp:bfsParent gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act_of_1980
gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act
gptkbp:bfsLayer 7