US may raise fees for banks with brokered deposits
WASHINGTON, July 18 (Reuters) - Banks holding brokered deposits may be charged higher premiums to replenish the U.S. reserve used to insure deposits at failed banks, the head of the Federal Deposit Insurance Corp said on Friday.
"I think that is something we need to factor in to our premiums and charge higher premiums to banks that fit that profile," FDIC Chairman Sheila Bair said in an interview with C-SPAN television.
Bair said brokered deposits at IndyMac, a bank seized by the FDIC a week ago, were a big factor driving up resolution costs to the U.S. deposit insurance fund. (Reporting by John Poirier; Editing by Tim Dobbyn)
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