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2010-11 Assessment
Annual assessment invoices were mailed to commercial banks, foreign banks and trust companies; industrial banks and credit union licensees on June 30, 2011. The assessment must be paid in full by July 20, 2011, unless your institution elects to pay by electronic funds transfer (EFT). Payments by EFT are due no later than July 26, 2011.
Please contact Patrick Carroll at (415) 263-8559 or by email at pcarroll@dfi.ca.gov with any questions or comments you may have.
Commercial Banks, Foreign Banks and Trust Companies
For the purposes of this assessment, the base rate was set at $1.41, an eight cent increase from last year's rate of $1.33. The statutory maximum rate is $2.20 per thousand dollars of total assets.
The assessment rate for industrial banks this year was set at $0.99 per thousand dollars of total assets, the same as last year's rate. The statutory maximum rate is $2.20 per thousand dollars of total assets.
The assessment rate for credit unions was set at $0.75 per thousand dollars of total assets, the same as last year's rate. The statutory maximum rate is $2.20 per thousand dollars of total assets.