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FDIC

RIN: 3064-AD66

Publication ID: Spring 2011

Title: ●Assessments, Assessment Base and Rates
Abstract: The FDIC is proposing to amend 12 CFR 327 to: (1) Implement revisions to the Federal Deposit Insurance Act made by the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding the definition of an institution's deposit insurance assessment base; (2) alter the unsecured debt adjustment in light of the changes to the assessment base; (3) add an adjustment for long-term debt held by an insured depository institution where the debt is issued by another insured depository institution; (4) eliminate the secured liability adjustment; (5) change the brokered deposit adjustment to conform to the change in the assessment base and change the way the adjustment will apply to large institutions; and (6) revise deposit insurance assessment rate schedules, including base assessment rates, in light of the changes to the assessment base. Except as provided, the proposed rate schedule and other revisions to the assessment rules would take effect for the quarter beginning April 1, 2011, and would be reflected in the June 30, 2011, fund balance and the invoices for assessments due September 30, 2011.
Agency: Federal Deposit Insurance Corporation(FDIC)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 327
Legal Authority: 12 USC 1817(b)

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	11/24/2010	75 FR 72582
NPRM Comment Period End	01/03/2011
Final Rule	02/25/2011	76 FR 10672
Final Rule Effective	04/01/2011

Additional Information: Email Comments to: Comments@FDIC.gov. Include the RIN number in the subject line of the message.
Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.FDIC.gov/regulations/laws/federal/propose.html
RIN Data Printed in the FR: No
Agency Contact: Rose Kushmeider Acting Section Chief Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3861 Email: rkushmeider@fdic.gov Christopher Bellotto Counsel Federal Deposit Insurance Corporation 550 17th Street N.W., Washington, DC 20429 Phone:202 898-3801 Email: cbellotto@fdic.gov Sheikha Kapoor Senior Attorney Federal Deposit Insurance Corporation 550 17th Street N.W., Washington, DC 20429 Phone:202 898-3960 Email: skapoor@fdic.gov