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Reserve Ratio

WASHINGTON (CN) - Since twenty-five federally insured banks failed last year and the Federal Deposit Insurance Corporation projects that the rate of failures will climb, it plans to increase the Federal Insurance Fund by charging a fee of .7% of the holdings of all member institutions.

A low ratio of insurance fund reserve to insured bank holdings depletes confidence in the stability of the banking system, and the intent of the FDIC's proposed rule would be to raise the amount the fund to 1.5% of all holdings by 2015.

Click the document icon on the front page for details and links to the regulations. The document icon under the "Fuel Economy Standards, Pesticides & More" heading leads to other new regulations.

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