WASHINGTON — The financial industry is fractured over a Federal Deposit Insurance Corp. plan to require big banks to temporarily pay more in deposit insurance premiums, with small banks lobbying to force bigger payments over a shorter time frame and many large ones wanting to stretch it out.

The FDIC unveiled a plan in October that would impose a premium surcharge on large banks for two years. But community bankers want that time frame cut in half.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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