reported quarterly to the appropriate Federal 
banking agency and— 
‘‘(i)(I) when most recently examined 
under section 10(d) was assigned a com-
posite rating of 1, 2, or 3 under the Uni-
form Financial Institutions Rating System 
(or an equivalent rating under a com-
parable rating system); and 
‘‘(II) is well capitalized; or 
‘‘(ii) has obtained a waiver pursuant 
to subsection (c). 
‘‘(C) PLAN.—The term ‘plan’ has the mean-
ing given the term in section 3 of the Employee 
Retirement Income Security Act of 1974 (29 
U.S.C. 1002). 
‘‘(D) PLAN
ADMINISTRATOR.—The term 
‘plan administrator’ has the meaning given the 
term ‘administrator’ in section 3 of the Em-
ployee Retirement Income Security Act of 1974 
(29 U.S.C. 1002). 
‘‘(E) WELL CAPITALIZED.—The term ‘well 
capitalized’ has the meaning given the term in 
section 38(b).’’. 
(b) INTEREST RATE RESTRICTION.—Section 29 of the 
Federal Deposit Insurance Act (12 U.S.C. 1831f), as 
VerDate Sep 11 2014 
20:39 Nov 04, 2025
Jkt 069200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6203
E:\BILLS\H5317.RH
H5317
kjohnson on DSK7ZCZBW3PROD with $$_JOB
amended by subsection (a), is further amended by adding 
at the end the following: 
‘‘(k) RESTRICTION ON INTEREST RATE PAID ON CER-
TAIN CUSTODIAL DEPOSITS.— 
‘‘(1) DEFINITIONS.—In this subsection— 
‘‘(A) the terms ‘custodial deposit’, ‘eligible 
institution’, and ‘well capitalized’ have the 
meanings given those terms in subsection (j); and 
‘‘(B) the term ‘covered insured depository 
institution’ means an insured depository institu-
tion that while acting as an eligible institution 
under subsection (j), accepts custodial deposits 
while not well capitalized. 
‘‘(2) PROHIBITION.—A covered insured deposi-
tory institution may not pay a rate of interest on 
custodial deposits that are accepted while not well 
capitalized that, at the time the funds or custodial de-
posits are accepted, significantly exceeds the limit set 
forth in paragraph (3). 
‘‘(3) LIMIT ON INTEREST RATES.—The limit on 
the rate of interest referred to in paragraph (2) shall 
be not greater than— 
‘‘(A) the rate paid on deposits of similar 
maturity in the normal market area of the cov-
ered insured depository institution for deposits 
VerDate Sep 11 2014 
20:39 Nov 04, 2025
Jkt 069200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6203
E:\BILLS\H5317.RH
H5317
kjohnson on DSK7ZCZBW3PROD with $$_JOB
accepted in the normal market area of the cov-
ered insured depository institution; or 
‘‘(B) the national rate paid on deposits of 
comparable maturity, as established by the Cor-
poration, for deposits accepted outside the nor-
mal market area of the covered insured deposi-
tory institution.’’. 
VerDate Sep 11 2014 
20:39 Nov 04, 2025
Jkt 069200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6203
E:\BILLS\H5317.RH
H5317
kjohnson on DSK7ZCZBW3PROD with $$_JOB
Union Calendar No. 321 
119TH CONGRESS 
1ST SESSION 
H. R. 5317 
[Report No. 119–369] 
A BILL 
To amend the Federal Deposit Insurance Act to en-
sure that certain custodial deposits of well cap-
italized insured depository institutions are not 
considered to be funds obtained by or through 
deposit brokers, and for other purposes. 
NOVEMBER 4, 2025 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
VerDate Sep 11 2014 
20:39 Nov 04, 2025
Jkt 069200
PO 00000
Frm 00008
Fmt 6651
Sfmt 6651
E:\BILLS\H5317.RH
H5317
kjohnson on DSK7ZCZBW3PROD with $$_JOB