327.10—Assessment rate schedules.
(a) Initial Base Assessment Rate Schedule.
The initial base assessment rate for an insured depository institution shall be the rate prescribed in the following schedule:
| Risk category | I * | Minimum | Maximum | II | III | IV | |
|---|---|---|---|---|---|---|---|
| Annual rates (in basis points) | 12 | 16 | 22 | 32 | 45 | ||
| * All amounts for all risk categories are in basis points annually. Initial base rates that are not the minimum or maximum rate will vary between these rates. | |||||||
(1) Risk Category I Initial Base Assessment Rate Schedule.
The annual initial base assessment rates for all institutions in Risk Category I shall range from 12 to 16 basis points.
(2) Risk Category II, III, and IV Initial Base Assessment Rate Schedule.
The annual initial base assessment rates for Risk Categories II, III, and IV shall be 22, 32, and 45 basis points, respectively.
(3)
All institutions in any one risk category, other than Risk Category I, will be charged the same initial base assessment rate, subject to adjustment as appropriate.
(b) Total Base Assessment Rate Schedule after Adjustments.
The total base assessment rates after adjustments for an insured depository institution shall be the rate prescribed in the following schedule.
| Risk categoryI | Risk categoryII | Risk categoryIII | Risk categoryIV | |
|---|---|---|---|---|
| Initial base assessment rate | 12-16 | 22 | 32 | 45 |
| Unsecured debt adjustment | −5-0 | −5-0 | −5-0 | −5-0 |
| Secured liability adjustment | 0-8 | 0-11 | 0-16 | 0-22.5 |
| Brokered deposit adjustment | 0-10 | 0-10 | 0-10 | |
| Total base assessment rate | 7-24.0 | 17-43.0 | 27-58.0 | 40-77.5 |
| * All amounts for all risk categories are in basis points annually. Total base rates that are not the minimum or maximum rate will vary between these rates. | ||||
(1) Risk Category I Total Base Assessment Rate Schedule.
The annual total base assessment rates for all institutions in Risk Category I shall range from 7 to 24 basis points.
(2) Risk Category II Total Base Assessment Rate Schedule.
The annual total base assessment rates for Risk Category II shall range from 17 to 43 basis points.
(3) Risk Category III Total Base Assessment Rate Schedule.
The annual total base assessment rates for Risk Category III shall range from 27 to 58 basis points.
(4) Risk Category IV Total Base Assessment Rate Schedule.
The annual total base assessment rates for Risk Category IV shall range from 40 to 77.5 basis points.
(c) Total Base Assessment Rate Schedule adjustments and procedures—
(1) Board Rate Adjustments.
The Board may increase or decrease the total base assessment rate schedule up to a maximum increase of 3 basis points or a fraction thereof or a maximum decrease of 3 basis points or a fraction thereof (after aggregating increases and decreases), as the Board deems necessary. Any such adjustment shall apply uniformly to each rate in the total base assessment rate schedule. In no case may such Board rate adjustments result in a total base assessment rate that is mathematically less than zero or in a total base assessment rate schedule that, at any time, is more than 3 basis points above or below the total base assessment schedule for the Deposit Insurance Fund, nor may any one such Board adjustment constitute an increase or decrease of more than 3 basis points.
(2) Amount of revenue.
In setting assessment rates, the Board shall take into consideration the following:
(iii)
The projected effects of assessments on the capital and earnings of the institutions paying assessments to the Deposit Insurance Fund;
(3) Adjustment procedure.
Any adjustment adopted by the Board pursuant to this paragraph will be adopted by rulemaking, except that the Corporation may set assessment rates as necessary to manage the reserve ratio, within set parameters not exceeding cumulatively 3 basis points, pursuant to paragraph (c)(1) of this section, without further rulemaking.
(4) Announcement.
The Board shall announce the assessment schedules and the amount and basis for any adjustment thereto not later than 30 days before the quarterly certified statement invoice date specified in § 327.3(b) of this part for the first assessment period for which the adjustment shall be effective. Once set, rates will remain in effect until changed by the Board.