FDIC and prepayment of assessment by banks
Today the FDIC approved pre-payment of the FDIC assessment banks pay for years 2010, 2011, and 2012 beginning in 2010. There will be no special assessment for 2009. Initial reaction from commentators ranged from whether cost will be passed on to consumers, to timing of the increase. This approval will now go out for 30 days of public comment.
Money and employment affect my business, so I will be watching and listening. I invite you to do the same.
Sanford & Seretha Sellers - We Sell Katy!
Premier Realty of Texas