A 2% designated reserve ratio (DRR) will continue in 2026 for the Deposit Insurance Fund (DIF for banks, the federal bank deposit insurer said Tuesday.
According to a Federal Deposit Insurance Corp. (FDIC) staff memo released for Tuesday’s open board meeting, the DIF balance as of June 30 was $145.3 billion, up $16.1 billion from $129.2 billion a year ago. Growth in the balance was primarily driven by assessments, the memo says.
It says growth in the DIF balance and slower-than-average insured deposit growth resulted in an increase in the reserve ratio of 15 basis points, from 1.21% as of June 30, 2024, to 1.36% this June 30, above the statutory minimum reserve ratio of 1.35 percent.
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