Each depositor insured to at least $250,000 per insured bank

FDIC Assessment Rates

All rates below are annual and are in basis points which are cents per $100.00 of assessable deposits. An annual rate is converted to a quarterly multiplier on the invoice by dividing the annual rate by 10,000 (to move the decimal point), dividing by 4 (for a quarterly rate), and then rounding to 7 decimal places. For example, an annual rate of 24.67 basis points converts to a quarterly multiplier of .0006168.

Current Rates

April 1, 2011 - Present (effective on the invoice payable on September 30, 2011)

Below are the Initial and Total Base Assessment Rates* effective April 1, 2011.  These rates will be applied beginning with the invoice payable on September 30, 2011. In addition to adopting the rate schedule below, the FDIC has suspended dividends indefinitely; however, in lieu of dividends, and pursuant to its authority to set risk-based assessments, the FDIC has adopted progressively lower assessment rate schedules that will take effect when the reserve ratio exceeds 1.15 percent, 2 percent, and 2.5 percent. For more information, go to: Risk Categories & Risk Based Assessments and also see FIL-08-2011 for the rate tables for the various stages of reserve ratio capitalization.

* Total base assessment rates do not include the depository institution debt adjustment.
**The unsecured debt adjustment cannot exceed the lesser of 5 basis points or 50 percent of an insured depository institution’s initial base assessment rate; thus for example, an insured depository institution with an initial base assessment rate of 5 basis points will have a maximum unsecured debt adjustment of 2.5 basis points and cannot have a total base assessment rate lower than 2.5 basis points.

Total Base Assessment Rates for newly insured small institutions (those insured less than 5 years) *

Prior Period Rates

April 1, 2009 – March 31, 2011

Below is the rate schedule effective April 1, 2009. These rates were applied beginning with the invoice paid on September 30, 2009 and ending with the invoice paid on June 30, 2011. For more information, go to: Risk Categories & Risk Based Assessments and also see FIL-12-2009.

See description of Capital Groups and Supervisory Groups for additional information.

January 1, 2009 – March 31, 2009

Below is the rate schedule effective January 1, 2009. These rates applied to the invoice paid on June 30, 2009. Risk Category I institutions were charged a rate that varied between 12 and 14 basis points. For more information, see: FIL-143-2008.

January 1, 2007 – December 31, 2008

From January 1, 2007, through December 31, 2008, rates ranged between 5 and 43 basis points. These rates applied to invoices paid between June 30, 2007 and March 30, 2009. Risk Category I institutions were charged a rate that varied between 5 and 7 cents. For more information, see FIL-103-2006.

In order to move the FDIC payment from a prepayment to a payment for a prior period, institutions were not billed for FDIC insurance on the January 2 and March 30, 2007, invoices. The invoice paid on June 30, 2007, was for deposit insurance coverage for the first quarter of 2007.

January 1, 1997 – December 31, 2006

From January 1, 1997, through December 31, 2006, rates ranged between 0 and 27 basis points. These rates applied to the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF) and then to the Deposit Insurance Fund (DIF) when BIF and SAIF merged to form the DIF on March 31, 2006. During this time period, the best rated institutions (1A institutions) were not charged for deposit insurance; only weaker institutions were charged. Approximately 95% of all institutions were rated 1A during this time period.

*Supervisory Group A generally include institutions with CAMELS composite ratings of 1 or 2;
Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and
Supervisory Group C generally includes institutions with CAMELS composite ratings of 4 or 5.
See description of Capital Groups and Supervisory Groups for additional information.