Assessments; Retention of Existing Assessment Rate Schedule for SAIF-Member Institutions
FDIC · other · Published 1996-05-24 · 61 FR 26082
Document
Document number
96-12884
Federal Register citation
61 FR 26082
CFR reference
12 CFR 327
Type
Rule
Action
Confirmation of assessment rate.
Category
other
Agency
US Federal Deposit Insurance Corporation
Publication date
1996-05-24
Abstract
On May 14, 1996, 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 semiannual period beginning July 1, 1996. As a result of this action, the SAIF assessment rates 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.