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FDIC To Bolster Insurance Fund With Prepaid Bank Assessments

September 29, 2009 By Bill Zielinski Leave a Comment

FDIC To Increase DIF  By $45 Billion The FDIC announced today a proposal to increase the deposit insurance fund (DIF) by requiring financial institutions to prepay three years of assessments.   The collection of prepaid assessments will allow the FDIC to cover the cost of future banking failures without tapping their credit line with the US […]

Filed Under: DIF, FDIC, FDIC insurance, problem banks Tagged With: deposit insurance fund (DIF) adds $45 billion, FDIC builds insurance fund, FDIC collects from banks to bolster insurance fund

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