(Daily Finance) — A change in the way banks are assessed for federal deposit insurance means that small community banks will pay dramatically less in fees beginning next year. But customers of big banks may still be better off than clients of their smaller rivals. The five-member board of the Federal Deposit Insurance Corp. voted Tuesday to implement a new fee structure that was mandated in the Dodd-Frank financial reform bill adopted in July. Under the rule change, which has now gone out for 45 days of comments before being adopted, the FDIC insurance assessment will be based on a bank’s total assets, not domestic deposits as in the past.
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