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FDIC RIN: 3064-AF16 Publication ID: Fall 2019 
Title: ●Assessments 
Abstract:

The FDIC invites public comment on a notice of proposed rulemaking that would amend the deposit insurance assessment regulations that govern the use of certain assessment credits awarded to eligible insured depository institutions (IDIs). Under the proposal, once the FDIC begins to apply small bank assessment credits to quarterly assessment invoices, such credits would continue to be applied as long as the Deposit Insurance Fund (DIF) reserve ratio does not decrease below 1.35 percent (instead of, as currently provided, 1.38 percent). In addition, after small bank credits have been applied for eight quarterly assessment periods, and as long as the reserve ratio is at least 1.35 percent, the FDIC would remit the full nominal value of any remaining small bank credits in lump-sum payments to each IDI holding such credits. Finally, at the same time that any remaining small bank credits are remitted, and as long as the reserve ratio is at least 1.35 percent, the FDIC is proposing to remit the full nominal value of any remaining one-time assessment credits (OTACs) in lump-sum payments to each IDI holding such credits.

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 327   
Legal Authority: 12 U.S.C. 1819 (Tenth)    12 U.S.C. 1820(g)    12 U.S.C. 1817   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/29/2019  84 FR 45443   
NPRM Comment Period End  09/30/2019 
Final Rule  11/00/2019 
Additional Information: Email: Comments@FDIC.gov. Include RIN 3064-AF16 in the subject line of the message.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.fdic.gov/regulations/laws/federal/   Public Comment URL: https://www.fdic.gov/regulations/laws/federal/  
RIN Data Printed in the FR: No 
Related RINs: Related to 3064-AE40 
Agency Contact:
Ashley Mihalik
Senior Financial Economist
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3793
Email: amihalik@fdic.gov

Samuel B. Lutz
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3773
Email: salutz@fdic.gov