The FDIC votes to propose changing its fee structure, to assess higher fees on bigger, riskier...

|By:, SA News Editor

The FDIC votes to propose changing its fee structure, to assess higher fees on bigger, riskier institutions (and maybe lower fees on smaller, safer ones). The move would mean a new scoring methodology that would eliminate reliance on credit rating agency scores. As expected, the agency also extended unlimited business deposit insurance to December. (previously)