Finance & markets · 26/06/2020

FDIC Adopts Final Rule to Mitigate Deposit Insurance Assessment Effects of PPP Participation

The Federal Deposit Insurance Corporation has finalized a rule that reduces the impact of participating in the Paycheck Protection Program and other facilities on deposit insurance assessment rates, providing relief to small banks and credit unions.

Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →

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