Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
This page is no longer active. Its content has expired or been rescinded by the FDIC.
Financial Institution Letter
Deposit Insurance Assessments

SUBJECT: Proposed Revisions to Assessment Regulation (Part 327 of FDIC's Rules and Regulations)

The FDIC Board of Directors has proposed the attached revisions to the FDIC's regulation governing deposit insurance assessments and is seeking comment on the proposal. The Board believes the proposed changes will enhance the present system by allowing institutions with improving capital positions to benefit from the improvement more quickly, while requiring those whose capital is falling to pay a higher assessment sooner. Comments on the proposal are due by October 25, 1999.

Specifically, the Board is proposing that the FDIC's assessment regulation (Part 327) be amended to:

  • base capital group determinations under the FDIC's risk-based assessment system on Call Report data for the quarter ending three months before the beginning of the assessment period, instead of six months as at present;
  • shorten the required notification period from 30 days to 15 days prior to each assessment period's payment date;
  • increase from 30 days to 90 days the time in which an institution may request a review of its assessment risk classification; and
  • recognize administrative changes internal to the FDIC that have already taken place.

For more information, please contact James W. Thornton, Senior Banking Analyst in the Division of Insurance (DOI), at (202) 898-6707 or Richard Jones, Chief of DOI's Assessments Implementation Section, at (202) 898-6592.

Arthur J. Murton

Attachment:  Federal Register, September 8, Vol. 64, No. 172, pages 48719-48721
HTML Format PDF Format (26 Kb - PDF help or hard copy )

Distribution:   FDIC-Insured Banks

NOTE: Paper copies of FDIC financial institutions letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).

Last Updated: September 15, 1999