WASHINGTON - The vote to reduce the banking industry's deposit insurance premium is being delayed by the Federal Deposit Insurance Corp.

When the 83% cut was proposed in January, FDIC officials said they would vote on it in mid-May. However, the issue has not been slated for consideration.

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.