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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Deposit Insurance Assessments


New Institutions

Newly insured institutions are defined as any bank or thrift that has been chartered for less than five years as of the last day of any quarter for which it is being assessed. There are three exceptions to the newly insured definition as found in Section 327.8 and include certain merger situations, subsidiary exceptions, and previously federally insured credit unions. All other newly insured institutions are assessed as outlined below (see Section 327.9).

FDIC Risk Rating - Small Institutions
A small institution is an institution under $10 billion in assets.

Any new small institution in Risk Category I, regardless of whether it has CAMELS component ratings or not, is assessed at the maximum initial base assessment rate applicable to Risk Category I institutions. Invoicing at the maximum initial base assessment rate for a Risk Category I newly insured small institution continues until the institution has become an established federal depository institution. An established institution is one that has been federally insured for at least five years as of the last day of any quarter for which it is being assessed. For example, an institution that became insured on December 15, 2008, and remained in Risk Category I, will pay at the maximum initial base assessment rate through and including invoice payment date Monday December 30, 2013.

The following also apply to newly insured small institutions:

FDIC Risk Rating - Large & Highly Complex Institutions
A large institution is an institution with assets of $10 billion or more.  A highly complex institution (excluding a credit card bank) has total assets of $50 billion or more and is controlled by a U.S. parent holding company that has $500 billion or more in total assets. 

Any newly insured institution that meets the requirements of a large or highly complex institution will be priced using the appropriate scorecard. Until a newly insured large or highly complex institution receives its first CAMELS rating, a weighted average CAMELS rating of 2.0 is used in the institution’s scorecard. Once a CAMELS rating is assigned, that CAMELS ratings will begin being used.  Newly insured large institutions should contact the Large Bank Pricing Section via RRPSAdministrator@fdic.gov if questions remain on how their institution will be rated.

The following also apply to newly insured large and highly complex institutions:

  • no new large or highly complex institution is subject to the unsecured debt adjustment;
  • any new large or highly complex institution is subject to the depository institution debt adjustment (DIDA);
  • a new large or highly complex institution less than well capitalized or CAMELS composite 3, 4, or 5  is subject to the brokered deposit adjustment

For the current FDIC rates for all institutions go to: FDIC Assessment Rates. For more information on the pricing adjustments discussed above, please go to the Assessment Rate Calculator, and open the applicable calculator, enable the macros, then click on the Pricing Adjustments tab at the bottom of the screen.

All insured institutions are obligated to pay the FICO assessment. The FICO assessment rate is set quarterly and applied to the assessment base.  All insured institutions pay the same FICO rate each quarter, that is, the FICO rate is not dependent on Risk Classification. See FICO and the Assessments Invoice section for more information.

Initial Invoice
Newly insured institutions are assessed beginning with the quarter in which they become insured. For example:

Date new institution becomes insured: June 1
First Report of Condition filed for quarter ending: June 30
First invoice due and payable September 30
Insurance coverage period of first invoice April 1 through June 30*

* A pro-rata adjustment is applied to the initial invoice so a new institution is only charged for the number of days it is open in its first quarter.

All new institutions must register a coordinator on FDICconnect (“FCX”). Once a coordinator is registered and approved, he or she must provide the FDIC with ACH information that will be used to collect the quarterly invoice amount due for deposit insurance.  The coordinator will download the invoice each quarter from FCX.  Registration information and a link to the FCX homepage can be found at FDICconnect.


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