FDIC Agrees To Not Increase Premiums - For Now!

By Marc DeCastro – October 20, 2010
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On October 19th, the FDIC announced that they are not going to increase deposit premiums for now - but this is really a temporary adjustment based on the fact that failed bank losses at the FDIC are not as high as anticipated. FDIC officials said they now expect to lose $52 billion through 2014, which is $8 billion lower than earlier projections.


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Marc DeCastro

Research Director - Consumer BankingIDC Financial Insights

As an industry veteran, Marc DeCastro provides extensive information technology expertise to assist IT managers with all facets of web-based technologies for online strategies within financial…


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