What Banks Should Know About FDIC Assessment Rule

By Max Bonici (December 8, 2023, 4:19 PM EST) -- The Federal Deposit Insurance Corp. on Nov. 16 approved a final rule implementing a special assessment on mostly large banks in order to recover losses in connection with the decision to guarantee failed banks' uninsured deposits in March. No banking organizations with total assets under $5 billion will pay the special assessment....

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