The FDIC proposed limits on the interest rate banks that are classified as less than “well capitalized” can pay to depositors, according to a press release issued by the agency today.

The restrictions would stop floundering banks from trying to attract new depositors by paying interest rates that are well above the national average. This would apparently limit the FDIC’s liability should a poorly capitalized bank go under after attracting large volumes of new deposits.

The good news is the measure will only apply to a handful of banks. There are about 154 banks classified as less than well capitalized out of more than 8,300 banks across the country.

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