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Bankowość · 3.07.1996

Assessments

The Federal Deposit Insurance Corporation (FDIC) is proposing to amend its assessment regulations by adopting interpretive rules regarding certain provisions therein that pertain to so-called Oakar institutions: institutions that belong to one insurance fund (primary fund) but hold deposits that are treated as insured by the other insurance fund (secondary fund). Recent merger transactions and branch- sale cases have revealed weaknesses in the FDIC's procedures for attributing deposits to the two insurance funds and for computing the growth of the amounts so attributed. The interpretive rules would repair those weaknesses. In addition, the FDIC is proposing to simplify and clarify the existing rule by making changes in nomenclature.

Source: Federal Register — Federal Deposit Insurance CorporationOpen original release →