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Financial Institution Letters

FIL-6-2019
February 5, 2019

Proposed Rulemaking to Revise the Deposit Insurance Assessment System to Apply the Community Bank Leverage Ratio Framework

Printable Format:

FIL-6-2019 - PDF (PDF Help)

Summary:

On December 18, 2018, the FDIC Board of Directors authorized publication of a Notice of Proposed Rulemaking (NPR) that would apply the Community Bank Leverage Ratio (CBLR) framework proposed by the FDIC, Federal Reserve, and OCC (the Federal banking agencies) on November 21, 2018, to the deposit insurance assessment system. Comments on this NPR will be accepted for 60 days after publication in the Federal Register.

Statement of Applicability: This proposal is applicable to all FDIC-insured institutions with less than $10 billion in total consolidated assets, except for advanced approaches banking organizations.

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Note:

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at www.fdic.gov/news/news/financial/index.html.

To receive FILs electronically, please visit www.fdic.gov/about/subscriptions/index.html.

Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E 1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).