[Federal Register Volume 88, Number 224 (Wednesday, November 22, 2023)]
[Notices]
[Page 81417]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-25814]


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

FEDERAL DEPOSIT INSURANCE CORPORATION


Designated Reserve Ratio for 2024

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of Designated Reserve Ratio for 2024.

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

SUMMARY: Pursuant to the Federal Deposit Insurance Act (FDI Act), the 
Board of Directors (Board) of the Federal Deposit Insurance Corporation 
(FDIC) designates that the Designated Reserve Ratio (DRR) for the 
Deposit Insurance Fund shall remain at 2 percent for 2024. The Board is 
publishing this notice as required by the FDI Act.

FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Associate Director, 
Financial Risk Management, Division of Insurance and Research, 202-898-
3793, [email protected]; Daniel Hoople, Chief, Fund Analysis and 
Pricing Section, Division of Insurance and Research, 202-898-3835, 
[email protected]; or Kathryn Marks, Counsel, Legal Division, 202-898-
3896, [email protected].

SUPPLEMENTARY INFORMATION: Pursuant to the FDI Act, the Board 
designates that the DRR for the Deposit Insurance Fund shall remain at 
2 percent for 2024. The Board is publishing this notice as required by 
section 7(b)(3)(A)(i) of the FDI Act (12 U.S.C. 1817(b)(3)(A)(i)). 
There is no need to amend 12 CFR 327.4(g), the section of the FDIC's 
regulations which sets forth the DRR, because the DRR for 2024 is the 
same as the current DRR.

Federal Deposit Insurance Corporation.

    By order of the Board of Directors.

    Dated at Washington, DC, on November 16, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023-25814 Filed 11-21-23; 8:45 am]
BILLING CODE 6714-01-P