Designated Reserve Ratio for 2023, 64346 [2022-22987]
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64346
Federal Register / Vol. 87, No. 204 / Monday, October 24, 2022 / Notices
FEDERAL DEPOSIT INSURANCE
CORPORATION
Designated Reserve Ratio for 2023
Federal Deposit Insurance
Corporation.
AGENCY:
Notice of Designated Reserve
Ratio for 2023.
ACTION:
Pursuant to the Federal
Deposit Insurance Act (FDI Act), the
Board of Directors (Board) of the Federal
Deposit Insurance Corporation (FDIC)
designates that the Designated Reserve
Ratio (DRR) for the Deposit Insurance
Fund shall remain at 2 percent for 2023.
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SUMMARY:
VerDate Sep<11>2014
17:56 Oct 21, 2022
Jkt 256001
The Board is publishing this notice as
required by the FDI Act.
FOR FURTHER INFORMATION CONTACT:
Ashley Mihalik, Chief, Banking and
Regulatory Policy Section, Division of
Insurance and Research, 202–898–3793,
amihalik@fdic.gov; Daniel Hoople,
Chief, Fund Analysis and Pricing
Section, Division of Insurance and
Research, 202–898–3835, dhoople@
fdic.gov; or Kathryn Marks, Counsel,
Legal Division, 202–898–3896, kmarks@
fdic.gov.
SUPPLEMENTARY INFORMATION: Pursuant
to the FDI Act, the Board designates that
the DRR for the Deposit Insurance Fund
shall remain at 2 percent for 2023. The
PO 00000
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Board is publishing this notice as
required by section 7(b)(3)(A)(i) of the
FDI Act (12 U.S.C. 1817(b)(3)(A)(i)).
There is no need to amend 12 CFR
327.4(g), the section of the FDIC’s
regulations which sets forth the DRR,
because the DRR for 2023 is the same as
the current DRR.
Federal Deposit Insurance Corporation.
By order of the Board of Directors.
Dated at Washington, DC, on October 18,
2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022–22987 Filed 10–20–22; 11:15 am]
BILLING CODE 6714–01–P
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[Federal Register Volume 87, Number 204 (Monday, October 24, 2022)]
[Notices]
[Page 64346]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-22987]
[[Page 64345]]
Vol. 87
Monday,
No. 204
October 24, 2022
Part III
Federal Deposit Insurance Corporation
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Designated Reserve Ratio for 2023; Notice
Federal Register / Vol. 87, No. 204 / Monday, October 24, 2022 /
Notices
[[Page 64346]]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Designated Reserve Ratio for 2023
AGENCY: Federal Deposit Insurance Corporation.
ACTION: Notice of Designated Reserve Ratio for 2023.
-----------------------------------------------------------------------
SUMMARY: Pursuant to the Federal Deposit Insurance Act (FDI Act), the
Board of Directors (Board) of the Federal Deposit Insurance Corporation
(FDIC) designates that the Designated Reserve Ratio (DRR) for the
Deposit Insurance Fund shall remain at 2 percent for 2023. The Board is
publishing this notice as required by the FDI Act.
FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Chief, Banking and
Regulatory Policy Section, Division of Insurance and Research, 202-898-
3793, [email protected]; Daniel Hoople, Chief, Fund Analysis and
Pricing Section, Division of Insurance and Research, 202-898-3835,
[email protected]; or Kathryn Marks, Counsel, Legal Division, 202-898-
3896, [email protected].
SUPPLEMENTARY INFORMATION: Pursuant to the FDI Act, the Board
designates that the DRR for the Deposit Insurance Fund shall remain at
2 percent for 2023. The Board is publishing this notice as required by
section 7(b)(3)(A)(i) of the FDI Act (12 U.S.C. 1817(b)(3)(A)(i)).
There is no need to amend 12 CFR 327.4(g), the section of the FDIC's
regulations which sets forth the DRR, because the DRR for 2023 is the
same as the current DRR.
Federal Deposit Insurance Corporation.
By order of the Board of Directors.
Dated at Washington, DC, on October 18, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-22987 Filed 10-20-22; 11:15 am]
BILLING CODE 6714-01-P
