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Assessments, Mitigating the Deposit Insurance Assessment Effect of Participation in the Paycheck Protection Program (PPP), the PPP Liquidity Facility, and the Money Market Mutual Fund Liquidity Facility
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06/26/2020
[PDF-338.70 KB]
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Content Notes:Table E.1: Exclusions from Certain Risk Measures Used to Calculate the Assessment Rate for Established Small Institutions (Pg 38294-38295)
Table: Loan Mix Index Categories and Weighted Charge-Off Rate Percentages (Pg 38295)
Table E.2: Exclusions From Certain Risk Measures Used to Calculate the Assessment Rate for Large or Highly Complex Institutions (Pg 38295-38297)
Table E.3: Runoff Rate Assumptions (Pg 38298)
Table E.4: Asset Loss Rate Assumptions (Pg 38298)
Table E.5: Exclusions from Adjustments to the Initial Base Assessment Rate (Pg 38299)
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Release Date:06/26/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);U.S. Small Business Administration (SBA);Board of Governors of the Federal Reserve System (The Fed);Federal Reserve Bank of Boston;U.S. Department of the Treasury;Federal Financial Institutions Examination Council (FFIEC);Office of Management and Budget (OMB);Government Accountability Office (GAO);
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Law Involved:Federal Deposit Insurance Act (FDI Act);Coronavirus Aid, Relief, and Economic Security Act (CARES Act);Paycheck Protection Program Flexibility Act of 2020 (PPP Flexibility Act);Federal Reserve Act;Paperwork Reduction Act of 1995 (PRA);Gramm-Leach-Bliley Act;Regulatory Flexibility Act (RFA);Unfunded Mandates Reform Act of 1995 (UMRA);Riegle Community Development and Regulatory Improvement Act of 1994 (RCDRIA);Congressional Review Act (CRA);
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Source:FDIC Website/GovInfo
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Effective Date:06/26/2020
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Federal Register Citation Number:85 FR 38282
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CFR Number:12 CFR Part 327
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RIN Indentifier:RIN 3064–AF53
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