The FDIC finalized revisions to its regulations relating to the brokered deposits and interest rate restrictions that apply to less than well capitalized insured depository institutions, including establishing a new framework for analyzing certain provisions of the “deposit broker” definition, including “facilitating” and “primary purpose” and amended methodology for calculating the national rate, the national rate cap, and the local market rate cap; effective April 1, 2021, with an extended compliance date of January 1, 2022.