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Deposit Insurance Assessments-Designated Reserve Ratio

FDIC · final-rule · Published 2006-11-30 · Effective 2007-01-01 · 71 FR 69323

Document

Document number: 06-9203
Federal Register citation: 71 FR 69323
CFR reference: 12 CFR 327
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Deposit Insurance Corporation
Publication date: 2006-11-30
Effective date: 2007-01-01

Abstract

Under the Federal Deposit Insurance Reform Act of 2005, the Federal Deposit Insurance Corporation (FDIC) must by regulation set the Designated Reserve Ratio (DRR) for the Deposit Insurance Fund (DIF) within a range of 1.15 percent to 1.50 percent. In this rulemaking, the FDIC establishes the DRR for the DIF at 1.25 percent.

Source

Authoritative: Federal Register document
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