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Deposit Insurance Assessment Appeals: Guidelines & Decisions AAC-2002-01 (February 25,
2002)
Decision By letter dated July 30, 2001, you requested a change to the capital
group of the assessment risk classification assigned to [Bank] (Bank), for
the semiannual assessment period that began on July 1, 2001. At its meeting held on January 28, 2002, the Federal Deposit Insurance
Corporations (FDIC) Assessment Appeals Committee (Committee) considered
your request and determined that it should be granted. The committee
determined that the Bank had an agreement with the FDIC regarding its
capital group which included an understanding that the Bank would be treated
as if it were well capitalized for purposes of the semiannual period that
began on July 1, 2001, because the Bank: 1. Communicated with the FDICs Division of Supervision in December
2001 regarding its capital position relative to planned future
transactions; Therefore, the assessment risk classification assigned to the Bank will
be changed from 3A to 1A for the semiannual assessment period beginning
July 1, 2001. You may contact Ms. Cheryl Timmons, Chief, Assessment Operations Section
of the FDICs Division of Finance at (202) 416-7546 with questions on the
method and timing of any refunds or credits that result from this action.
By direction of the Assessment Appeals Committee. |
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Last Updated 06/30/2005 | Legal@fdic.gov |