1. A seven-fold increase in deposit insurance premiums will further erode profit. 2. By doing so, the thrift, based in the Chatsworth section of Los Angeles, hopes to lower its deposit insurance premiums. 3. Federal law virtually requires the FDIC to reduce bank deposit insurance premiums once the bank fund reaches a certain level. 4. Fiechter reiterated his concern over the fact that the thrift institutions face higher deposit insurance premiums than those paid by banks. 5. In the meantime, profits for many banks are likely to look better in the third quarter because federal deposit insurance premiums have been reduced. 6. Rising deposit insurance premiums will erode some of the profit that remains. 7. Rising deposit insurance premiums will further erode profits. 8. Rising deposit insurance premiums will further erode profit. 9. The bottom line got a boost from lower expenses, mainly because of a one-time break on federal deposit insurance premiums. 10. The bottom line got a big boost from lower expenses, mainly because of a one-time break on deposit insurance premiums. |