BANK PREMIUMS: The FDIC voted Aug. 8 to cut the rates banks pay for deposit insurance by 83% to an average of 4.4 cents for every $100 of domestic deposits. The new rates, which range from 4 cents to 31 cents, take effect Sept. 30. In addition, the FDIC said it will refund premiums paid by banks since the second quarter, when the Bank Insurance Fund reached its required reserve level.

The agency left thrift premiums at an average of 23 cents.

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