WASHINGTON — The FDIC was scheduled to pass several final rules last week after press time to implement a handful of provisions from the Federal Deposit Insurance Reform Act signed into law this spring.
The agency had on its agenda items to set a designated reserve ratio similar to NCUA's system; establish operational processes for the deposit insurance assessment system; create a risk-based assessments system; and the official signage, the proposal for which caused a stir because financial institutions had to use the gold and black color scheme rather than choosing their own to go with their marketing strategies.
The FDIC Board will also discuss creating an Advisory Committee on Economic Inclusion.
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