# 12 C.F.R. § 308.123 (2026): Notice to depositors

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_123

## Section

- **Citation:** 12 C.F.R. § 308.123 (2026)
- **Heading:** Notice to depositors
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 308: RULES OF PRACTICE AND PROCEDURE / Subpart F: Rules and Procedures Applicable to Proceedings for Involuntary Termination of Insured Status / § 308.123: § 308.123   Notice to depositors.

## Text

If the Board of Directors enters an order terminating the insured status of an insured depository institution or branch, the insured depository institution shall, on the day that order becomes final, or on such other day as that order prescribes, mail a notification of termination of insured status to each depositor at the depositor's last address of record on the books of the insured depository institution or branch. The insured depository institution shall also publish the notification in two issues of a local newspaper of general circulation and shall furnish the FDIC with proof of such publications. The notification to depositors shall include information provided in substantially the following form:
Notice
(Date)__________.
1. The status of the __________, as an (insured depository institution) (insured branch) under the provisions of the Federal Deposit Insurance Act, will terminate as of the close of business on the ________ day of____________, 19____.
2. Any deposits made by you after that date, either new deposits or additions to existing deposits, will not be insured by the Federal Deposit Insurance Corporation.
3. Insured deposits in the (depository institution) (branch) on the ________ day of____________, 19____, will continue to be insured, as provided by Federal Deposit Insurance Act, for
2 years
after the close of business on the ________ day of ____________, 19____. Provided, however, that any withdrawals after the close of business on the ________ day of ____________, 19____, will reduce the insurance coverage by the amount of such withdrawals.
(Name of (depository institution or branch)
(Address)
The notification may include any additional information the depository institution deems advisable, provided that the information required by this section shall be set forth in a conspicuous manner on the first page of the notification.

## Nearby sections

- [12 C.F.R. § 308.119 (2026) § 308.119   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_119.md)
- [12 C.F.R. § 308.120 (2026) § 308.120   Grounds for termination of insurance.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_120.md)
- [12 C.F.R. § 308.121 (2026) § 308.121   Notification to primary regulator.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_121.md)
- [12 C.F.R. § 308.122 (2026) § 308.122   Notice of intent to terminate.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_122.md)
- [12 C.F.R. § 308.123 (2026) § 308.123   Notice to depositors.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_123.md)
- [12 C.F.R. § 308.124 (2026) § 308.124   Involuntary termination of insured status for failure to receive deposits.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_124.md)
- [12 C.F.R. § 308.125 (2026) § 308.125   Temporary suspension of deposit insurance.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_125.md)
- [12 C.F.R. § 308.126 (2026) § 308.126   Special supervisory associations.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_126.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_123. Check the current official text before relying on it. Not legal advice.