To require insured depository institutions, depository institution holding companies, and insured credit unions to protect the confidentiality of financial information obtained concerning their customers, and for other purposes.
Depository Institution Customers Financial Privacy Enhancement Act of 1998 - Amends the following Acts to prescribe guidelines under which the Federal banking agencies shall prescribe regulations requiring financial institutions to protect the confidentiality of financial information relating to their customers: (1) the Federal Deposit Insurance Act; (2) the Federal Credit Union Act; (3) the Bank Holding Company Act of 1956; and (4) the Home Owners' Loan Act.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsor introductory remarks on measure. (CR E1603)
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