H.R. 10821 — To amend the Federal Deposit Insurance Act to make changes to the Standard Maximum Deposit Insurance Amount, and for other purposes.

This section increases the standard maximum deposit insurance amount to $750,000 (from $250,000) and requires the FDIC to adjust that amount each January 1 by the percentage increase in the Consumer Price Index for All Urban Consumers, rounded down to the nearest $10,000. The changes take effect 180 days after enactment.

This section requires the Federal Deposit Insurance Corporation and the National Credit Union Administration to jointly study and report to Congress within one year of enactment on the appropriate standard maximum deposit insurance amount. The report must consider institutional assets, deposit balance distributions, insured-to-uninsured ratios, and effects on the Deposit Insurance Fund, and must address needed implementation tools, associated benefits, and operational protocols including those for annual adjustments.