The FDIC just handed banks something they rarely get from their regulators: a discount.
On June 25, the FDIC Board of Directors approved a Notice of Proposed Rulemaking that would lower the fees banks pay into the Deposit Insurance Fund. Small banks would see their assessment rates drop by two basis points, while larger institutions get a one basis point reduction.
What’s actually changing
The proposal doesn’t just trim fees. It also redraws the line between what the FDIC considers a “small” bank and a “large” one.
Currently, that threshold sits at $10 billion in assets. Under the new rule, it would jump to $30 billion. That’s a threefold increase, and it means a significant number of mid-sized banks would suddenly qualify for the steeper two basis point reduction instead of the smaller one reserved for large institutions.
