On March 15, the Federal Deposit Insurance Corporation approved a final rule that increased the minimum level of the Deposit Insurance Fund to the minimum level required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Release.
Deposit Insurance Fund
FDIC Approves Notice of Proposed Rulemaking to Revise Deposit Insurance Assessments
On April 13, the Board of Directors of the FDIC approved a Notice of Proposed Rulemaking to revise the deposit insurance assessment system for large institutions, which pose unique and concentrated risks to the Deposit Insurance Fund. There will be a 60-day public comment period after publication in the Federal Register. FDIC Release.