Deposit Insurance Assessments
Sample Invoices - are below and include:
- FDIC and FICO assessment computations;
- Assessment Rate Calculation Sheet; and
Small Bank Sample Invoice - .PDF 79kb
Large Bank Sample Invoice - .PDF 80kb
Billing & Payment - Deposit insurance assessments are collected quarterly. All net invoice payments are collected by Automated Clearing House (ACH) Direct Debit. See Payment Information.
Signature Confirmation - Do not return the invoice if you agree with it. If you disagree with the information on the invoice, correct the information on the invoice and return it to the address provided on the invoice within 90 days of the invoice date.
Amendments & Adjustments - If an institution files an amendment to its Report of Condition and Income (“Call Report”), within the 3-year Statute of Limitations, and the amendment affects the assessment computation, an adjustment amount will appear on an upcoming invoice. No other action is required by the institution for the adjustment to occur. The amendment will flow from the Call Report system to the assessment system and an adjustment amount will be computed and reflected on an upcoming invoice. These are the adjustment codes that most frequently appear on the invoice.
FDICconnect - Since March 2005, invoices are only available through FDICconnect. That is, invoices are not mailed, emailed, or faxed. Only an institution’s FDICconnect Coordinator or authorized user can download the invoice. For more information on FDICconnect, or to download additional copies of current and previous invoices, go to: FDICconnect.gov.
One-Time Assessment Credit ("OTAC") - The Federal Deposit Insurance Reform Act of 2005 authorized eligible insured depository institutions to share a one-time assessment credit pool of approximately $4.7 billion. More detail is found at OTAC.