Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Assessment Regulations topic
No spam. Unsubscribe anytime.
FDIC board approves notice to lower assessment rates and add ‘resolution readiness’ credit for banks
Summary
The FDIC board voted to publish a notice of proposed rulemaking to update assessment regulations: raise the small/large breakpoint from $10 billion to $30 billion, lower base assessment rates modestly, and add a voluntary resolution-readiness adjustment that could reduce rates by up to one basis point for participating large firms.
The Federal Deposit Insurance Corporation board voted to publish a notice of proposed rulemaking that would revise FDIC assessment regulations to lower base assessment rates and create a voluntary "resolution readiness" adjustment for large institutions that take steps to reduce potential losses to the Deposit Insurance Fund (DIF).
Daniel Hooper, speaking for staff, said the proposal would raise the asset threshold that defines small versus large institutions in assessment regulations from $10 billion to $30 billion, a figure last updated in 2006, and would reduce base assessment-rate schedules by two basis points for small institutions and by one basis point for large and highly complex institutions. "Under the proposed definitions 76 large institutions would instead be priced as small institutions, based on data as of 2025," staff said.
The proposal would also introduce a resolution-readiness adjustment that could reduce assessment rates for large and highly complex institutions by up to one basis point. Staff described two components of that adjustment: a 0.5 basis-point reduction for institutions that can populate a virtual data room with information to support marketing a failed bank and a separate 0.5 basis-point reduction for institutions that provide FDIC access to detailed bank data from internal systems or certain service providers. "Institutions that demonstrate the ability to populate a virtual data room ... would receive a reduction of one half of a basis point," the presenter told the board.
Staff said the DIF balance has increased by $41 billion to $157 billion as of March 31, 2026, and estimated the proposed assessment changes would reduce industry assessments by about $4 billion annually using 2025 data. The staff recommended publication with a 60-day public-comment period after publication.
Director Gould expressed support for investigating the proposed adjustments and for the concept of a resolution-readiness credit, while reiterating his broader view that the FDIC must rebuild internal resolution-execution capabilities. He also urged clarity about how sensitive bank data collected under such programs would be used and safeguarded by the agency.
The board moved and seconded a resolution to publish the notice of proposed rulemaking and, following a roll call, adopted the motion (the transcript records affirmative 'I' votes; a full roll-call tally is not specified). The notice will be published with a 60-day public-comment period, as recommended by staff.
