§ 5624 Net Worth Certificates

• •Banks can give out special papers called 'net worth certificates' if they follow the rules.
• •These papers help show the bank is doing okay with money.
• •The rules come from big money bosses like the Office of Thrift Supervision or the Federal Deposit Insurance Corporation.

Imagine your piggy bank is almost empty, but you want to show your parents you still have some money saved.

A real bank can do something like this by giving out 'net worth certificates' to show they still have enough money, but they have to follow the rules from the money bosses.