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The OCC issued a final rule to increase assessments for national banks and FSAs with assets of more than $40 billion. The increase ranges between 0.32 percent and approximately 14 percent depending on the total assets of the institution as reflected in its June 30, 2014, Consolidated Report of Condition and Income. The average increase in assessments for affected banks and FSAs will be 12 percent. The final rule will not increase assessments for banks or FSAs with $40 billion or less in total assets. The OCC will implement the increase in assessments by issuing an amended Notice of Office of the Comptroller of the Currency Fees and Assessments which will become effective as of the semiannual assessment due on September 30, 2014. In conjunction with the increase in assessments the final rule updates the OCC's assessment rule to conform with section 318 of the Dodd-Frank Act which reaffirmed the authority of the Comptroller of the Currency to set the amount of and methodology for assessments.