TCH Proposes Revisions to Deposit Insurance Pricing System
The Association submitted a letter to the FDIC on its NPR to revise the pricing system applicable to large insured depository institutions and to revise the deposit-insurance assessment base and rates. The letter states that the NPR remains deeply flawed and requires fundamental change to comport with the FDIC’s obligation to carry out its statutory mandate to base assessments on risk to the deposit insurance fund.