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Bill would exempt custodial deposits from broker-deposit limits at healthy banks

Passed one chamberH.R. 5317Latest action

Sponsor: J. French Hill · Representative · AR

AIDecoded by AI · checked against the record
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Official title: Community Bank Deposit Access Act of 2025

119th Congress

Topics: Jobs & the economy

Introduced:

Read the official bill on Congress.gov

In plain words

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Healthy banks under $10 billion could accept custodial deposits without hitting broker-deposit limits.

40-second read · 4 questions answered below

What does this do?

This bill creates an exception to broker-deposit rules for "custodial deposits" held by banks, trust companies, or retirement plan administrators on behalf of others. Banks under $10 billion in assets that are well capitalized and have a good safety rating can accept these deposits without them counting against broker-deposit limits, up to 20% of total liabilities. If a bank's financial health declines, it can't offer unusually high interest rates on these deposits to attract more funds.

Who does it affect?

This mainly affects smaller and mid-sized community banks, plus people with retirement accounts or trust funds whose deposits may be held there.

Why does it matter?

The change loosens funding restrictions for financially sound smaller banks while keeping limits in place for weaker institutions.

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Read the official bill on Congress.gov

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Where does it stand?

  1. IntroducedSep 11, 2025
  2. House committee
  3. House vote
  4. SenateYou are here · May 21, 2026
  5. The president's desk

Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.

Latest action: — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Data as of October 9, 2026

Recorded votes

Roll-call votes recorded since January 3, 2025.

  1. House · · Roll call 179

    As recorded

    Question
    On Motion to and Pass, as Amended
    Result:
    Passed
    393
    Nay
    16
    0
    21

    Republicans 203 yes, 14 not voting · Democrats 189 yes, 16 no, 7 not voting · Independent 1 yes

    Official record
    How members voted

    The official record lists how each member voted.Official record

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