FDIC

FDIC to Consider Bank Size in Applying ‘Special Assessment Fee'

 The U.S. Federal Deposit Insurance Corporation (FDIC) will take the plight of community banks into account when charging financial institutions a “special assessment fee” to cover recent losses incurred over the U.S. banking crisis, the FDIC’s head told lawmakers in a hearing on Wednesday. The special assessment fee, which is required by law, will help […]