Almost 70 community thrifts insured by the Savings Association Insurance Fund would drop to lower capital classifications if forced to pay a proposed one-time assessment to recapitalize it, according to an American Banker study.

The proposed fee - a one-time assessment of 85 basis points for every $100 of domestic deposits - would be assessed on all thrifts. Many larger ones are already preparing contingency plans to deal with the charge.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.