Bankowość · 06/12/1996

FDIC Continues Downward Adjustment to BIF Assessment Rate Schedule

The FDIC Board of Directors has adopted a resolution to continue the downward adjustment to the assessment rate schedule for Bank Insurance Fund (BIF) assessable deposits, effective January 1, 1997, resulting in an estimated average annual assessment rate of approximately 0.17 basis points and estimated annual revenue of $43 million.