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FDIC addresses reciprocal deposit comments in DIF assessment proposal
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Banking
Friday, January 29, 2016
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Saying it was responding to concerns from nearly 500 commenters, the Federal Deposit Insurance Corp. put out a revised proposed rule on calculating the assessments for small banks for the deposit insurance fund. The changes alter how reciprocal deposits are calculated in assessments, as well as when the assessment increases for banks that grow assets. Read on to learn more.
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