WASHINGTON - The Federal Deposit Insurance Corp. said Wednesday that it plans to release its reform recommendations to Congress on April 5.

FDIC Chairman Donna Tanoue announced a year ago that the agency had undertaken a project to reform how deposit insurance premiums are determined, how the bank and thrift reserves are funded, and whether to adjust the coverage ceiling per account.

She said in a recent speech that the agency is likely to recommend merging the funds, better pricing of premiums according to an institution's risk, eliminating the statutory minimum for reserves to insured deposits, and indexing coverage to inflation.

Ms. Tanoue said that the FDIC would also probably recommend rebates to the industry when the reserve funds rise above a certain level.

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