Federal Deposit
Insurance Corporation

The Federal Deposit Insurance Reform Act of 2005 (the Reform Act) required that the Federal Deposit Insurance Corporation (the FDIC) prescribe final regulations, after notice and opportunity for comment, to provide for deposit insurance assessments under section 7(b) of the Federal Deposit Insurance Act.

Pursuant to this requirement, the FDIC approved on November 2, 2006, a final rule on risk-based assessments. This calculator illustrates how an institution’s assessment rate would be determined (which is discussed more fully in the final rule). The calculator applies only to institutions that are well capitalized and generally have composite CAMELS ratings of 1 or 2 (i.e., institutions that are in the new Risk Category I, which corresponds to the former 1A risk category).

The calculator does not purport to predict actual assessment rates for any institution and should not be so construed. As noted under “User Information,” the purpose of this workbook is to allow an institution to determine what its assessment rate would be under the final rules based on its recent data and the new assessment rate schedule, and to simulate how a change in the value of long-term debt issuer ratings, supervisory ratings, or financial ratios may affect its assessment rate. As data change, rates may change. In addition, the rates that the FDIC may adopt for future assessment periods may differ from those shown. The workbook also does not take into account the effect of one-time assessment credits on what an institution may pay.