12 C.F.R. § 557.10   What authorities govern the issuance of deposit accounts by a federal savings association?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 557—DEPOSITS
Subpart B—Deposit Activities of Federal Savings Associations

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§ 557.10   What authorities govern the issuance of deposit accounts by a federal savings association?

A federal savings association (“you”) may raise funds through accounts and may issue evidence of accounts under section 5(b)(1) of the HOLA (12 U.S.C. 1464(b)(1)), your charter, and this part. Additionally, 12 CFR parts 204 and 230 apply to your deposit activities.

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