Bankowość · 20/05/2020

FDIC Seeks Comments on Proposed Rule to Mitigate Deposit Insurance Assessment Effects of PPP Participation

The Federal Deposit Insurance Corporation (FDIC) is seeking public comment on a proposed rule that aims to reduce the impact of participating in the Paycheck Protection Program (PPP) and other facilities on deposit insurance assessment rates, with the goal of providing relief to small and large banks affected by these programs.