S. 2757 Introduced Finance and Financial Sector

Keeping Deposits Local Act

A bill to amend the Federal Deposit Insurance Act to modify the amount of reciprocal deposits of an insured depository institution that are not considered to be funds obtained by or through a deposit broker, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Rounds, Mike [R-SD] Introduced September 10, 2025 Cosponsors 4 (2 D, 2 R) Latest action September 10, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Sep 10, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Sep 10, 2025 Introduced in Senate

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