Ill. Admin. Code tit. 38, § 375.32 - Assessment of 3, 4, or 5 Rated State Banks

If a state bank has received a Uniform Financial Institution Rating System (UFIRS) composite rating of 3, 4, or 5 on its last state or federal examination, the state bank's total quarterly fee shall be increased by 25% for a 3 rated bank and 50% for a 4 or 5 rated bank on the bank's subsequent quarter billing. This assessment shall stay in effect until the quarter following the state bank's receipt of a UFIRS composite rating of 1 or 2 at the next state or federal examination.

Notes

Ill. Admin. Code tit. 38, § 375.32

Amended at 27 Ill. Reg. 487, effective December 27, 2002