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Assessments

FDIC · final-rule · Published 1995-12-28 · Effective 1995-09-15 · 60 FR 67054

Document

Document number
95-31412
Federal Register citation
60 FR 67054
CFR reference
12 CFR 327
Type
Rule
Action
Final rule; correction.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
1995-12-28
Effective date
1995-09-15

Abstract

The FDIC published a final rule (60 FR 42680, August 16, 1995) that established a new assessment rate schedule of 4 to 31 basis points for institutions whose deposits are subject to assessment by the Bank Insurance Fund (BIF); widened the assessment rate spread from 8 to 27 points; and established a procedure for adjusting the rate schedule semiannually as necessary to maintain the designated reserve ratio at 1.25 percent. This document corrects three typographical errors in the final rule.

Source

Authoritative
Federal Register document
Machine
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