|
|
FDIC Assessment Rates
All
rates below are annual and are in basis points which are cents per $100.00
of assessable deposits. An annual rate is converted to a quarterly multiplier
on the invoice by dividing the annual rate by 10,000 (to move the decimal
point), dividing by 4 (for a quarterly rate), and then rounding to 7
decimal places. For example, an annual rate of 24.67 basis points converts
to a quarterly multiplier of .0006231.
Current Rates
April 1, 2009
- Present
Below is the rate schedule effective April 1, 2009. These rates
apply beginning with the invoice paid on September 30, 2009.For
more information, go to: Risk
Categories & Risk Based Assessments and
also see FIL-12-2009.
| |
Risk
Category
I
|
Risk
Category
II
|
Risk
Category
III
|
Risk
Category
IV
|
| Initial
Base Assessment Rate |
12 – 16
|
22
|
32
|
45
|
| Unsecured
Debt Adjustment (added) |
-5
to 0
|
-5
to 0
|
-5
to 0
|
-5
to 0
|
| Secured
Liability Adjustment (added) |
0
to 8
|
0
to 11
|
0
to 16
|
0
to 22.5
|
| Brokered
Deposit Adjustment (added) |
N/A
|
0
to 10
|
0
to 10
|
0
to 10
|
| Total Base
Assessment Rate |
7 to
24.0
|
17 to
43.0
|
27 to
58.0
|
40
to 77.5
|
| Risk Category
I - |
Well Capitalized
with generally a CAMELS composite of 1 or 2 |
| Risk Category
II - |
Well Capitalized
with generally a CAMELS composite of 3; or Adequately
Capitalized with generally a CAMELS composite of
1, 2, or 3 |
| Risk Category
III - |
Well or
Adequately Capitalized with generally a CAMELS composite
of 4 or 5; or Under Capitalized with
generally a CAMELS
composite of 1, 2, or 3 |
| Risk Category
IV - |
Under Capitalized
with generally a CAMELS composite of 4 or 5 |
See description of Capital Groups and Supervisory Groups for additional information.
Prior Period Rates
January
1, 2009 – March
31, 2009
Below is the rate schedule effective January 1, 2009. These rates
applied to the invoice paid on June 30, 2009. Risk Category I institutions
were charged a rate that varied between 12 and 14 basis points.
For more information, see: FIL-143-2008.
Capital Group*
|
Supervisory
Group*
|
A
|
B
|
C
|
| Well
Capitalized |
I
12-14 bps
|
II
17 bps
|
III
35 bps
|
| Adequately
Capitalized |
|
Undercapitalized
|
III
35 bps
|
IV
50 bps
|
January
1, 2007 – December
31, 2008
From January 1, 2007, through December 31, 2008, rates ranged between
5 and 43 basis points. These rates applied to invoices paid between
June 30, 2007 and March 30, 2009. Risk Category I institutions
were charged a rate that varied between 5 and 7 cents. For more
information, see FIL-103-2006.
In order to move the FDIC payment from a prepayment to a payment
for a prior period, institutions were not billed for FDIC insurance
on the January 2 and March 30, 2007, invoices. The invoice paid on
June 30, 2007, was for deposit insurance coverage for the first quarter
of 2007.
Capital Group*
|
Supervisory
Group*
|
A
|
B
|
C
|
| Well
Capitalized |
I
5-7 bps
|
II
10 bps
|
III
28 bps
|
| Adequately
Capitalized |
|
Undercapitalized
|
III
28 bps
|
IV
43 bps
|
January
1, 1997 – December
31, 2006
From January 1, 1997, through December 31, 2006, rates ranged between
0 and 27 basis points. These rates applied to the Bank Insurance
Fund (BIF) and the Savings Association Insurance Fund (SAIF) and
then to the Deposit Insurance Fund (DIF) when BIF and SAIF merged
to form the DIF on March 31, 2006. During this time period, the
best rated institutions (1A institutions) were not charged for
deposit insurance; only weaker institutions were charged. Approximately
95% of all institutions were rated 1A during this time period.
| |
Supervisory
Group* |
| Capital
Group* |
A |
B |
C |
| 1 Well Capitalized |
0
bps
|
3
bps
|
17
bps
|
| 2 Adequate
Capitalized |
3
bps
|
10
bps
|
24
bps
|
| 3 Under
Capitalized |
10
bps
|
24
bps
|
27
bps
|
*Supervisory
Group A generally include institutions with CAMELS composite ratings
of 1 or 2;
Supervisory Group B generally
includes institutions with a CAMELS composite rating of 3; and
Supervisory
Group C generally includes institutions with CAMELS composite ratings
of 4 or 5.
See description of Capital
Groups and Supervisory Groups for additional information.
|
