Bill

H.R. 3234 (119th): This bill increases the amount insured depository institutions may accept as reciprocal deposits

This bill increases the amount insured depository institutions may accept as reciprocal deposits. (Reciprocal deposits are used by institutions to increase the availability of deposit insurance by splitting large deposits using a reciprocal network of institutions.) The bill creates a tiered system so that the allowable amount is based on the institution's total liabilities. Additionally, the bill changes certain qualifications insured depository institutions may be required to have to accept reciprocal deposits. Under current law, institutions may qualify by having a composite rating of outstanding or good, among other requirements. The bill allows institutions with a 1, 2, or 3 rating under the CAMELS scale to qualify. (The Uniform Financial Institutions Rating System uses the characteristics of capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk (i.e., CAMELS ratings) to rate the health of financial institutions, with a 1 indicating the highest rating and least degree of supervisory concern and a 5 indicating the lowest rating and highest degree of supervisory concern.)

house · Substantive

Rankings updated October 26, 2026, 11:44 AM ET · Votes through September 30, 2026
Exported candidates: 719 | Filings on file, by office: H: 5838 | P: 1467 | S: 1567. These counts include every filing for that office, so they are larger than the ranked list. One person can have more than one filing. Non-voting delegates are left out.

Recorded summary

This bill raises the amount insured depository institutions may accept as reciprocal deposits, using a tiered limit based on each institution's total liabilities. It also loosens the qualification rules for accepting reciprocal deposits, allowing institutions rated 1, 2, or 3 under the CAMELS scale to qualify, where current law requires a composite rating of outstanding or good, among other conditions.

bankingfinancial_regulation

Theological note: Issue relevance is limited. This is a technical banking-regulation measure about deposit insurance access and institutional eligibility. It bears on general equity in financial stability and prudent stewardship of depositors' funds, but it does not directly advance or restrain a named moral harm.

How this bill is scored

Recorded votes

Roll 177 · 20-May-2026 1:07 PM · On Motion to Suspend the Rules and Pass, as Amended · Passed

Yea 405 · Nay 0 · Other 25

Yea

Nay

None recorded.

Other

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