Rules and Regulations. Notice of Designated Reserve Ratio for 2019
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/register/2019/01/31/2019-00427·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 6714-01-P FEDERAL DEPOSIT INSURANCE CORPORATION Designated Reserve Ratio for 2019 AGENCY: Federal Deposit Insurance Corporation. ACTION: Notice of Designated Reserve Ratio for 2019. Pursuant to the Federal Deposit Insurance 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 2019. 1 The Board is publishing this notice as required by section 7(b)(3)(A)(i) of the Federal Deposit Insurance Act (12 U.S.C. 1817(b)(3)(A)(i)). 1 Section 327.4(g) of the FDIC's regulations sets forth the DRR. There is no need to amend this provision because the DRR for 2019 is the same as the current DRR. FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Chief, Banking and Regulatory Policy Section, Division of Insurance and Research,
(202)898-3793, *amihalik@fdic.gov;* Robert Grohal, Chief, Fund Analysis and Pricing Section, Division of Insurance and Research,
(202)898-6939, *rgrohal@fdic.gov;* or Nefretete Smith, Counsel, Legal Division,
(202)898-6851, *nefsmith@fdic.gov.* Dated at Washington, DC, on December 18, 2018. By order of the Board of Directors. Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. [FR Doc. 2019-00427 Filed 1-30-19; 8:45 am]
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