3 ms·
Not higher fees. The FDIC will use a special assessment like they did in 2009. This special assessment was 5 basis points last time. 5 cents on $100. Hardly a m
by op00to 4y ago
Not higher fees. The FDIC will use a special assessment like they did in 2009. This special assessment was 5 basis points last time. 5 cents on $100. Hardly a major expense to pass on. Banks are highly competitive and those that do pass on the assessment will lose customers to those who eat the 5 basis points.