Skip Header

Federal Deposit
Insurance Corporation

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

Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations

FDIC Federal Register Citations

From: Michael Audette
Sent: Tuesday, November 04, 2008 9:30 AM
To: Comments
Subject: Proposed Rulemaking

Dear Mr. Feldman,

The FDIC’s proposed rule on increasing insurance assessments for banks utilizing FHLB advances in excess of 15% of domestic deposits would be detrimental to small, community banks that rely on advances for liability side liquidity.  This is not the time to further increase assessments in light of expected increases related to the TLGP.

Thank you for your consideration.

Michael L. Audette
FamilyFirst Bank


Last Updated 11/04/2008

Skip Footer back to content