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Designated Reserve Ratio for 2012

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Federal Deposit Insurance Corporation (FDIC).


Notice of Designated Reserve Ratio for 2012.

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 2012.[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)).

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Munsell St. Clair, Chief, Banking and Regulatory Policy Section, Division of Insurance and Research, (202) 898-8967; Matthew Green, Chief, Fund Analysis and Pricing Section, Division of Insurance and Research, (202) 898-3670; or, Christopher Bellotto, Counsel, Legal Division, (202) 898-3801.

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Dated at Washington, DC this 7th day of December, 2011.

By order of the Board of Directors.

Robert E. Feldman,

Executive Secretary.

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1.  Section 327.4(g) of the FDIC's regulations sets forth the DRR. There is no need to amend this provision, because the DRR for 2012 is the same as the current DRR.

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[FR Doc. 2011-31785 Filed 12-9-11; 8:45 am]