Regulatory Alerts2020-11-09 | 2020-23492FDIC Correcting Amendments to Deposit Insurance Assessment Regulations
The Federal Deposit Insurance Corporation is issuing correcting amendments to its deposit insurance assessment regulations under 12 CFR Part 327. These technical corrections fix publishing errors by updating the weighted charge-off rate for nonfarm nonresidential loans in the loan mix index and revising a footnote defining secured financing transactions and default fund contributions for highly complex institutions. The amendments become effective on November 9, 2020, and do not alter the assessment amounts paid or to be paid by insured depository institutions.
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