WASHINGTON, June 30 -- Federal Deposit Insurance Corporation has issued a proposed rule called: Assessments Thresholds, Rate Schedules, and Adjustments.
The proposed rule was published in the Federal Register on June 30 by Jennifer M. Jones, Deputy Executive Secretary.
Summary: The Federal Deposit Insurance Corporation (FDIC) invites public comment on a proposed rule that would amend the assessment regulations in 12 CFR part 327 to: update the $10 billion asset threshold in the definitions of small and large institutions to $30 billion and adjust the threshold every four years to reflect inflation, pursuant to a pre-determined indexing methodology; decrease initial base deposit insurance assessment rate schedules by 2 basis points for sma...