Designated Reserve Ratio for 2022

CourtFederal Deposit Insurance Corporation
Citation86 FR 71638
Record Number2021-27382
Publication Date17 December 2021
Federal Register, Volume 86 Issue 240 (Friday, December 17, 2021)
[Federal Register Volume 86, Number 240 (Friday, December 17, 2021)]
                [Notices]
                [Page 71638]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2021-27382]
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                FEDERAL DEPOSIT INSURANCE CORPORATION
                Designated Reserve Ratio for 2022
                AGENCY: Federal Deposit Insurance Corporation.
                ACTION: Notice of Designated Reserve Ratio for 2022.
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                SUMMARY: Pursuant to the Federal Deposit Insurance Act (FDI Act), the
                Board of Directors of the Federal Deposit Insurance Corporation
                designates that the Designated Reserve Ratio (DRR) for the Deposit
                Insurance Fund shall remain at 2 percent for 2022. The Board is
                publishing this notice as required by section 7(b)(3)(A)(i) the FDI Act
                (12 U.S.C. 1817(b)(3)(A)(i)).
                FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Chief, Banking and
                Regulatory Policy Section, Division of Insurance and Research, (202)
                898-3793, [email protected]; Daniel Hoople, Acting Chief, Fund Analysis
                and Pricing Section, Division of Insurance and Research, (202) 898-
                3835, [email protected]; or Nefretete Smith, Counsel, Legal Division,
                (202) 898-6851, [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 2022. The Board is publishing this notice as required by
                section 7(b)(3)(A)(i) 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 2022 is the
                same as the current DRR.
                 Dated at Washington, DC, on December 14, 2021.
                Federal Deposit Insurance Corporation.
                 By order of the Board of Directors.
                James P. Sheesley,
                Assistant Executive Secretary.
                [FR Doc. 2021-27382 Filed 12-16-21; 8:45 am]
                BILLING CODE 6714-01-P
                

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