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Home » Store » News » FDIC Rule Hits Heavy FHLBank Users

FDIC Rule Hits Heavy FHLBank Users

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Federally insured depository institutions that are heavy users of Federal Home Loan Bank advances will now face higher costs for doing so, after the Federal Deposit Insurance Corp. approved a new assessment scheme last week to replenish the dwindling deposit insurance fund. The revised deposit insurance assessment scheme includes a complex formula that results in higher...
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