2012-13 Assessment

Annual assessment invoices were mailed to commercial banks, foreign banks and trust companies; industrial banks and credit union licensees on June 29, 2012. The assessment must be paid in full by July 20, 2012, unless your institution elects to pay by electronic funds transfer (EFT). Payments by EFT are due no later than July 26, 2012.

Please contact Patrick Carroll at (415) 263-8559 or by email at Patrick.Carroll@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 $1.39, a two cent decrease from last year's rate of $1.41. The statutory maximum rate is $2.20 per thousand dollars of total assets.

Industrial Banks
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.

Credit Unions
The assessment rate for credit unions was set at $0.82 per thousand dollars of total assets, a seven cent increase from last year's rate of $0.75. The statutory maximum rate is $2.20 per thousand dollars of total assets.