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Deposit Insurance Assessments Extension of Comment Period on Proposed Rules

Assessments
June 29, 2006


Summary: The 多宝游戏下载 Board of Directors has extended the comment period through August 16, 2006, for three proposed rules governing deposit insurance assessments under the Deposit Insurance Reform Act of 2005. The proposed rules would implement a one-time assessment credit, dividends, and procedural and operational changes to the assessment regulations. The Reform Act requires the 多宝游戏下载 to prescribe the credit and dividend regulations by November 5, 2006. Comments on the proposals were originally due by July 17, 2006.

Highlights:
  • The 多宝游戏下载 Board of Directors has extended the comment period for three proposed rules governing deposit insurance assessments under the Deposit Insurance Reform Act of 2005.
  • Comments on the proposals are due by August 16, 2006.
  • The proposed rules concern a one-time assessment credit for eligible insured depository institutions; the payment of dividends from the Deposit Insurance Fund; and procedural and operational changes regarding the manner in which assessments are determined and collected from insured depository institutions.
  • For more information about the proposed rules, see FIL-46-2006, dated May 18, 2006.

Distribution:
All 多宝游戏下载-Insured Institutions

Suggested Routing:
Chief Executive Office
President
Chief Financial Officer

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Note:
多宝游戏下载 Financial Institution Letters (FILs) may be accessed from the 多宝游戏下载's Web site at www.fdic.gov/news/financial-institution-letters/2006/index.html .

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .

Paper copies of 多宝游戏下载 financial institution letters may be obtained through the 多宝游戏下载's Public Information Center, 3501 N. Fairfax Drive, Room E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).


Additional Related Topics:

  • 多宝游戏下载 Assessments Regulations
  • 12 C.F.R. 327
  • Federal Register notices announcing extension of comment periods
FIL-59-2006
Attachment(s)
Contact(s)
Munsell St. Clair, (202) 898-8967

Last Updated: June 29, 2006