FDIC Financial Institution Letter: Caution Regarding Passing Deposit Insurance Assessment Fees on to Customers

Summary: The FDIC has become aware that certain insured depository institutions (IDIs) are charging customers an "FDIC fee" or similarly described fee, apparently to compensate the IDI for some or all of its FDIC deposit insurance assessment costs. This Financial Institution Letter (FIL) communicates the FDIC's concerns and expectations when IDIs assess these types of fees.

This FIL applies to all insured financial institutions, including those with under $1 billion in assets.

View letter in full here (links externally to FDIC website).