WASHINGTON BUREAU — The Federal Reserve Board has included a number of insurer-owned banks and thrifts on a list of financial institutions that will be subject to new debit card fee limits.

The institutions include USAA Federal Savings Bank, San Antonio; Prudential Bank and Trust FSB, Hartford; USAA Savings Bank, Las Vegas; State Farm Bank FSB, Bloomington, Ill.; Nationwide Bank; Columbus, Ohio; Allstate Bank, Northbrook, Ill.; Northbrook Bank and Trust, Northbrook; and MetLife Bank, Bridgewater, N.J.

The list of institutions affected by the debit card fees also includes Federal Trust Bank, Sanford, Fla. Hartford Financial Services Group Inc., Hartford, is in the process of selling the Florida thrift.

The Federal Reserve Board has developed new fee, network membership and network routing regulations to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The new debit card rules apply only to institutions that, together with their affiliates, have more than $10 billion in assets.

Under the terms of the final rule, the maximum permissible interchange fee that an issuer can receive for an electronic debit transaction will be the sum of 21 cents per transaction and 0.05 percentage points multiplied by the value of the transaction.

The fee limit is set to take effect Oct. 1.

Other insurer-owned bank coverage from National Underwriter Life & Health: