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FDIC Releases Semiannual Update on the Deposit Insurance Fund Restoration Plan
April 20, 2023The Federal Deposit Insurance Corporation (“FDIC”) Board held an open meeting on Tuesday to receive the semiannual update on the Deposit Insurance Fund (“DIF”) Restoration Plan. As we previously wrote last year, the FDIC amended the DIF restoration plan with an increase in the base assessment rate charged to insured depository institutions.
