FDIC Alert! Notice of Designated Reserve Ratio for 2024. FDIC designates that the Designated Reserve Ratio (DRR) for the Deposit Insurance Fund shall remain at 2 percent for 2024.
What is the Designated Reserve Ratio?
* The Federal Deposit Insurance Act requires the FDIC's Board of Directors to set a target or Designated Reserve Ratio (DRR) for the Deposit Insurance Fundย (DIF) annually.
* The DRR is the total of the DIF divided by the total estimated insured deposits