‘‘(1) INSURED DEPOSITORY INSTITUTIONS.—
‘‘(A) IN GENERAL.—Each insured deposi-
tory institution shall display at each place of
business maintained by that institution a sign
or signs relating to the insurance of the depos-
its of the institution, in accordance with regula-
tions to be prescribed by the Corporation.
‘‘(B) STATEMENT
TO
BE
INCLUDED.—
Each sign required under subparagraph (A)
shall include a statement that insured deposits
are backed by the full faith and credit of the
United States Government.
‘‘(2) REGULATIONS.—The Corporation shall
prescribe regulations to carry out this subsection, in-
cluding regulations governing the substance of signs
required by paragraph (1) and the manner of dis-
play or use of such signs.
‘‘(3) PENALTIES.—For each day that an in-
sured depository institution continues to violate this
subsection or any regulation issued under this sub-
section, it shall be subject to a penalty of not more
than $100, which the Corporation may recover for
its use.’’.
(3) Section 43(d) of the Federal Deposit Insur-
ance Act (12 U.S.C. 1831t(d)) is amended by strik-
ing ‘‘$100,000’’ and inserting ‘‘an amount equal to
the standard maximum deposit insurance amount’’.
(4) Section 6 of the International Banking Act
of 1978 (12 U.S.C. 3104) is amended—
(A) by striking ‘‘$100,000’’ each place
such term appears and inserting ‘‘an amount
equal to the standard maximum deposit insur-
ance amount’’; and
(B) by adding at the end the following new
subsection:
‘‘(e) STANDARD
MAXIMUM
DEPOSIT
INSURANCE
AMOUNT DEFINED.—For purposes of this section, the
term ‘standard maximum deposit insurance amount’
means the amount of the maximum amount of deposit in-
surance as determined under section 11(a)(1) of the Fed-
eral Deposit Insurance Act.’’.
(g) CONFORMING CHANGE TO CREDIT UNION SHARE
INSURANCE FUND.—
(1) IN GENERAL.—Section 207(k) of the Fed-
eral Credit Union Act (12 U.S.C. 1787(k)) is
amended—
(A) by striking ‘‘(k)(1)’’ and all that fol-
lows through the end of paragraph (1) and in-
serting the following:
‘‘(k) INSURED AMOUNTS PAYABLE.—
‘‘(1) NET INSURED AMOUNT.—
‘‘(A) IN GENERAL.—Subject to the provi-
sions of paragraph (2), the net amount of share
insurance payable to any member at an insured
credit union shall not exceed the total amount
of the shares or deposits in the name of the
member (after deducting offsets), less any part
thereof which is in excess of the standard max-
imum share insurance amount, as determined
in accordance with this paragraph and para-
graphs (5) and (6), and consistently with ac-
tions taken by the Federal Deposit Insurance
Corporation under section 11(a) of the Federal
Deposit Insurance Act.
‘‘(B) 
AGGREGATION.—Determination 
of
the net amount of share insurance under sub-
paragraph (A), shall be in accordance with such
regulations as the Board may prescribe, and, in
determining the amount payable to any mem-
ber, there shall be added together all accounts
in the credit union maintained by that member
for that member’s own benefit, either in the
member’s own name or in the names of others.
‘‘(C) AUTHORITY TO DEFINE THE EXTENT
OF COVERAGE.—The Board may define, with
such classifications and exceptions as it may
prescribe, the extent of the share insurance cov-
erage provided for member accounts, including
member accounts in the name of a minor, in
trust, or in joint tenancy.’’;
(B) in paragraph (2)—
(i) in subparagraph (A)—
(I) in clauses (i) through (v), by
moving the margins 4 ems to the
right;
(II) in the matter following
clause (v), by striking ‘‘his account’’
and all that follows through the pe-
riod; and
(III) by striking the semicolon at
the end of clause (v) and inserting a
period;
(ii) by striking ‘‘(2)(A) Notwith-
standing’’ and all that follows through ‘‘a
depositor or member who is—’’ and insert-
ing the following:
‘‘(2) MUNICIPAL DEPOSITORS OR MEMBERS.—
‘‘(A) IN GENERAL.—Notwithstanding any
limitation in this Act or in any other provision
of law relating to the amount of insurance