On September 30, 2018, the Deposit Insurance Fund Reserve Ratio reached 1.36 percent, exceeding the minimum reserve ratio of 1.35 percent ahead of the September 2020 deadline mandated by Dodd-Frank. In a Financial Institution Letter, the FDIC stated that surpassing the minimum reserve ratio will have the following effects:
- "surcharges on insured depository institutions with consolidated assets totaling $10 billion or more will cease;" and
- "small banks will receive assessment credits for their assessments that contributed to the growth in the reserve ratio between 1.15 percent and 1.35 percent (applied when the reserve ratio is at or above 1.38 percent)."
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