Fair Treatment for Freedom National Bank Act - Declares that the continued operation of the Freedom National Bank of New York is essential to provide adequate depository services in its community.
Directs the Federal Deposit Insurance Corporation to treat all deposits at the Bank as insured deposits for purposes of the Federal Deposit Insurance Act.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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