Summary: | On October 19, 2010, the FDIC proposed a comprehensive, long-range plan for Deposit Insurance Fund management with the goals of maintaining a positive fund balance, even during a period of large fund losses, and steady, predictable assessment rates throughout economic and credit cycles. The FDIC adopted the attached Restoration Plan and Notice of Proposed Rulemaking (NPR) on assessment rates, dividends and the designated reserve ratio (DRR). Comments on the NPR are due 30 days following publication of the NPR in the Federal Register . |
Highlights:
Distribution: Suggested Routing: Note: To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html. Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200). |
Additional Related Topics:
- FDIC Regulations Governing the Assessment Process, 12 CFR Part 327
FIL-68-2010