[Federal Register Volume 84, Number 243 (Wednesday, December 18, 2019)]
[Notices]
[Page 69373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-27235]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Designated Reserve Ratio for 2020

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of Designated Reserve Ratio for 2020.

-----------------------------------------------------------------------

    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 2020.\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. See 12 CFR 327.4(g). There is no need to amend this provision, 
because the DRR for 2020 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, [email protected]; Robert Grohal, Chief, Fund Analysis and 
Pricing Section, Division of Insurance and Research, (202) 898-6939; 
or, Nefretete Smith, Counsel, Legal Division, (202) 898-6851, 
_____________________________________-
[email protected].

Federal Deposit Insurance Corporation.

    By Order of the Board of Directors.

    Dated at Washington, DC, on December 12, 2019.
Annmarie H. Boyd,
Assistant Executive Secretary.
[FR Doc. 2019-27235 Filed 12-17-19; 8:45 am]
 BILLING CODE 6714-01-P