FDIC Seeks Comment on Proposal to Revise How Small Banks are Assessed for Deposit Insurance — 2015-06-16

The Board of Directors of the Federal Deposit Insurance Corporation today sought comment on a proposed rule that would revise the way small banks are assessed for deposit insurance. The proposed rule would affect banks with less than $10 billion in assets that have been insured by the FDIC for at least five years. It would update the data and methods that the FDIC uses to determine risk-based assessments for these institutions to reflect the FDIC's experience during the recent financial crisis and earlier years. "The proposed pricing method for small banks would do a better job of recognizing risks before they become losses and would help ensure that banks that take on greater risks pay more for deposit insurance than their less risky counterparts," FDIC Chairman Martin J. Gruenberg said.