- The final rule imposes a special assessment on each insured depository institution's assets minus its Tier 1 capital as reported in its report of condition as of June 30, 2009 and caps the special assessment at 10 basis points times the institution's assessment base for the second quarter 2009 risk-based assessment.
- The special assessment will be collected on September 30, 2009.
- An additional special assessment of up to 5 basis points later in 2009 is probable, but the amount is uncertain.
- The FDIC Board may vote to impose such an additional special assessment if the FDIC estimates that the Deposit Insurance Fund reserve ratio will fall to a level that the Board believes would adversely affect public confidence or to a level that will be close to or below zero.
Continuation of FIL-23-2009
All FDIC-Insured Institutions
Chief Executive Officer
Chief Financial Officer
FDIC Operational regulations Governing the
Assessment Process, 12 CFR 327.1 to 327.15
Final Rule (PDF Help)
Munsell W. St. Clair, Acting Chief, Fund Analysis
and Pricing Section, Division of Insurance and
Research, (202) 898-8967; or Christopher Bellotto,
Counsel, Legal Division, (202) 898-3801 or
Sheikka Kapoor, Senior Attorney, Legal Division,
FIL-23-2009 - PDF (PDF Help)
FDIC financial institution letters (FILs) may be
accessed from the FDIC's Web site at
To receive FILs electronically, please visit
Paper copies of FDIC financial institution letters
may be obtained through the FDIC's Public
Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226 (1-877-275-3342 or 703-