38 Ill. Adm. Code 375.32

Assessment of 3, 4, or 5 Rated State Banks

Last amended: 2002Year: 2026Length: 101 wordsOfficial source
Section 375 Section 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.
38 Ill. Adm. Code 375.32: Assessment of 3, 4, or 5 Rated State Banks | Justis AI