Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions

Forms and Documents

Document Name	Status
SPST Assessment Rate Adjustment Guidelines.doc Supporting Statement A	2012-05-05

IC Document Collections

IC ID	Document Title	Status
202156	Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions	New
197169	Proposed Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions	Removed

ICR Details

OMB Control No: 3064-0179	ICR Reference No: 201205-3064-018
Status: Historical Active	Previous ICR Reference No: 201104-3064-001
Agency/Subagency: FDIC	Agency Tracking No:
Title: Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/18/2012
	Date Received in OIRA: 05/05/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2015	36 Months From Approved
Responses	11	0	0
Time Burden (Hours)	880	0	0
Cost Burden (Dollars)	0	0	0

---

Abstract: The guidelines determine how adjustments can be made to the total scores that are used in calculating the deposit insurance assessment rates of large and highly complex insured institutions, under the new methodology of the Amended Assessment Regulations. These amended regulations eliminated risk categories for large institutions and combined CAMELS ratings and forward-looking financial measures into one of two scorecards, one for highly-complex institutions and another for all other large institutions. Each of the two scorecards produces two scores-a performance score and a loss severity score-that are combined into a total score, which cannot be greater than 90 or less than 30. The FDIC can adjust a bank's total score up or down by no more than 15 points, but the resulting score cannot be greater than 90 or less than 30. The score is then converted to an initial base assessment rate, which, after application of other possible adjustments, results in a total assessment rate. The total assessment rate is multiplied by the bank's assessment base to calculate the amount of its assessment obligation. Published for comment: 76 Fed. Reg. 21,256 (April 15, 2011)

---

Authorizing Statute(s): US Code: 12 USC 1817(b) and (c) Name of Law: Federal Deposit Insurance Act
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3064-ZA00	Final or interim final rulemaking	76 FR 57992	09/19/2011

---

Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions
Proposed Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions

---

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	11	0	0	11	0	0
Annual Time Burden (Hours)	880	0	0	880	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new collection of information. These guidelines establish a new process through which large and highly complex depository institutions could - for the first time - request a deposit insurance assessment rate adjustment from the FDIC.

---

Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 05/05/2012

---