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FDIC board meeting today on special assessment

The FDIC board of directors is scheduled to meet at 10 a.m. (Eastern time) today to finalize the agency’s special assessment to replenish the Deposit Insurance Fund following large bank failures earlier this year.

ICBA View: The ICBA-supported proposal released in March would exempt community banks under $5 billion in assets.

More: The board will also receive a briefing on the agency’s DIF restoration plan.

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