Assessments; Retention of Existent Assessment Rate Schedule for SAIF-Member Institutions
FDIC · other · Published 1995-12-11 · 60 FR 63405
Document
Document number
95-28720
Federal Register citation
60 FR 63405
CFR reference
12 CFR 327
Type
Rule
Action
Confirmation of assessment rate.
Category
other
Agency
US Federal Deposit Insurance Corporation
Publication date
1995-12-11
Abstract
On November 14, 1995, the Board of Directors of the FDIC (Board) adopted a resolution to retain the existing assessment rate schedule applicable to members of the Savings Association Insurance Fund (SAIF) for the first semiannual assessment period of 1996. As a result of this action, the SAIF assessment rate to be paid by depository institutions whose deposits are subject to assessment by the SAIF will continue to range from 23 cents per $100 of assessable deposits to 31 cents per $100 of assessable deposits, depending on risk classification.