Deposit-Insurance Fund Regulation Change

Overview:

How to Best PositionYourFinancial Institution.
As a widely anticipated consequence of legislation passed in Congress, the FDIC’s board recently voted to approve an increase of annual premiums. The new premiums, which range from .005% to .007% of a bank’s insured deposits, are higher than the anticipated .01% to .03% increase. Furthermore, the premiums will differ among banks depending on a number of factors including: 

* Supervisory rating 
* Financial ratios 
* Debt ratios (larger banks) 

The Knowledge Congress has assembled a panel to help make sense of this important change and how to best position your bank. The panel will present their findings including a best practices segment at a two-hour teleconference scheduled for January 2007.

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