Bankowość · 10.08.1995

Assessments

The Federal Deposit Insurance Corporation (FDIC) is proposing to amend its regulation on assessments in three ways. First, the FDIC proposes to delay the collection date for the first quarterly assessment payment that insured institutions must make for the first semiannual period of each year (first payment). Under the existing regulation, the collection date for this payment is December 30 of the prior year. The FDIC proposes to change the collection date to the first business day following January 1. Second, the FDIC proposes to give insured institutions the option of prepaying the first quarterly payment during the prior December. Institutions could prepay the amount of the first payment or twice that amount (an approximation of the entire amount due for the upcoming semiannual period). The FDIC's purpose in making these first two changes is to relieve certain institutions of the regulatory burden of having to make an extra assessment payment in 1995, while at the same time affording flexibility to other institutions to make such a payment if they should so desire. Third, the FDIC proposes to replace the interest rate to be applied to underpayments and overpayments of assessment