Caution Passing FDIC Fees to Customers

The FDIC has become aware that certain insured depository institutions are charging customers an "FDIC fee" or similarly described fee, apparently to compensate for some or all of its FDIC deposit insurance assessment costs. This Financial Institution Letter 33-2012 communicates the FDIC’s concerns and expectations when institutions assess these types of fees.

For further information visit www.fdic.gov or the FDIC chapter of The Gold Book.

The FDIC has become aware that certain insured depository institutions (IDIs) are charging customers an "FDIC fee" or similarly described fee, apparently to compensate the IDI for some or all of its FDIC deposit insurance assessment costs. This Financial Institution Letter (FIL) communicates the FDIC’s concerns and expectations when IDIs assess these types of fees.The FDIC has become aware that certain insured depository institutions (IDIs) are charging customers an "FDIC fee" or similarly described fee, apparently to compensate the IDI for some or all of its FDIC deposit insurance assessment costs. This Financial Institution Letter (FIL) communicates the FDIC’s concerns and expectations when IDIs assess these types of fees.The FDIC has become aware that certain insured depository institutions (IDIs) are charging customers an "FDIC fee" or similarly described fee, apparently to compensate the IDI for some or all of its FDIC deposit insurance assessment costs. This Financial Institution Letter (FIL) communicates the FDIC’s concerns and expectations when IDIs assess these types of fees.