B2 - What activities qualify as "facilitating the placement of deposits?"

Compliance > Deposits > Brokered Deposits
Q:  What activities qualify as “facilitating the placement of deposits?”
 
A:    When a third party takes any actions that connect an insured depository institution with depositors or potential depositors, the third party may be “facilitating the placement of deposits.”  Hence, the third party may be a deposit broker.


This can be found in FDIC’s "Identifying, Accepting and Reporting Brokered Deposits Frequently Asked Questions," which can be found at https://www.fdic.gov/news/news/financial/2016/fil16042b.pdf

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