http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/11/09/BUM01G9DGB.DTL&feed=rss.business
FDIC-member banks pay quarterly assessments for the insurance fund, which guarantees deposits of as much as $250,000 per account when lenders are shut down. The fund, which fell into deficit as bank closings soared in the wake of the 2008 credit crisis, had a negative $15.2 billion balance in the second quarter.
The Federal Deposit Insurance Corp. proposed shifting the burden for protecting depositors against bank failures toward larger lenders whose reliance on riskier funding sources may pose greater threat to the financial system.
Custodial banks and so-called bankers' banks would have an exemption under the FDIC proposal.
Bankers' banks, which rely heavily on short-term funding in providing services to other lenders, would get exclusions for some of their assets. Custodial institutions including Bank of New York Mellon Corp. or State Street Corp. would get exclusions for their lower-risk, short-term assets, the FDIC said
