The Federal Deposit Insurance Corp. (FDIC) approved an interim rule Friday that will institute a one-time special assessment of 20 cents per $100 in domestic deposits on the banking industry in order to quickly restore federal reserves.

FDIC officials said the special charge would immediately raise $15 billion for the Deposit Insurance Fund. The reserves in the DIF dropped 45% in the fourth quarter, falling to $18.9 billion, their lowest level since 1993.

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