[Federal Register Volume 81, Number 187 (Tuesday, September 27, 2016)]
[Notices]
[Page 66275]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-23232]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice of Designated Reserve Ratio for 2017

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of Designated Reserve Ratio for 2017.

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    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 2017.\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)).
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    \1\ Section 327.4(g) of the FDIC's regulations sets forth the 
DRR, 12 CFR 327.4(g). There is no need to amend this provision 
because the DRR for 2017 is the same as the current DRR.

FOR FURTHER INFORMATION CONTACT: Munsell St. Clair, Chief, Banking and 
Regulatory Policy Section, Division of Insurance and Research, (202) 
898-8967; Robert Grohal, Chief, Fund Analysis and Pricing Section, 
Division of Insurance and Research, (202) 898-6939; or, Sheikha Kapoor, 
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Senior Counsel, Legal Division, (202) 898-3960.

    Dated at Washington, DC, this 20th day of September, 2016.

    By order of the Board of Directors.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2016-23232 Filed 9-26-16; 8:45 am]
 BILLING CODE 6714-01-P