Bankowość · 16.10.1996

Assessments

The FDIC is proposing to lower the rates on assessments paid to the Savings Association Insurance Fund (SAIF), and to widen the spread of the rates, in order to avoid collecting more than needed to maintain the SAIF's capitalization at 1.25 percent of aggregate insured deposits, and improve the effectiveness of the risk-based assessment system. The proposed rule would establish a base assessment schedule for the SAIF with rates ranging from 4 to 31 basis points, and an adjusted assessment schedule that reduces these rates by 4 basis points. In general, the effective SAIF rates would range from 0 to 27 basis points, beginning October 1, 1996. The proposed rule would also establish a special interim schedule of rates ranging from 18 to 27 basis points for SAIF-member savings associations for just the last quarter of 1996, reflecting the fact that the Financing Corporation's assessments are included in the SAIF rates for these institutions during that interval. Excess assessments collected under the prior assessment schedule would be refunded or credited, with interest. The proposed rule would enable the FDIC to make limited adjustments to the base assessment rates, both for the SAIF