Regulatory Alerts2022-07-01 | 2022-13578Assessments, Revised Deposit Insurance Assessment Rates
The Federal Deposit Insurance Corporation proposes to increase initial base deposit insurance assessment rates by 2 basis points for the first quarterly assessment period of 2023. This adjustment aims to accelerate growth in the Deposit Insurance Fund to ensure the reserve ratio reaches the statutory minimum of 1.35 percent by the September 30, 2028 deadline. The measure also supports the long-term goal of achieving a 2 percent Designated Reserve Ratio to maintain fund stability during potential future banking crises.
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