Ill. Admin. Code tit. 38 § 345.480
Current through Register Vol. 48, No. 50, December 13, 2024
Section 345.480 - Examination Feesa) Annual fees. Each fiscal year, banks shall pay an annual ILCRA fee to the Department based upon its total assets as shown by its Consolidated Report of Condition and Income for the quarter ending March 31, at the following rates: TOTAL ASSETS | ILCRA ANNUAL FISCAL YEAR 2025 FEE | ILCRA ANNUAL FISCAL YEAR 2026 FEE |
$1,000,000 or less | No charge | No charge |
Over $1,000,000 and not over $10,000,000 | No charge | No charge |
Over $10,000,000 and not over $30,000,0000 | $1,000 | $1,050 |
Over $30,000,000 and not over $50,000,000 | $2,000 | $2,100 |
Over $50,000,000 and not over $100,000,000 | $3,000 | $3,150 |
Over $100,000,000 and not over $350,000,000 | $4,500 | $4,725 |
Over $350,000,000 and over $500,000,000 | $9,000 | $9,450 |
Over $500,000,000 and not over $1,000,000,000 | $13,000 | $13,650 |
Over $1,000,000,000 and not over $10,000,000,000 | $18,000 | $18,900 |
Over $10,000,000,000 | $24,000 | $25,000 |
b) Out-of-state travel expenses. When out-of-state travel occurs in the conduct of any examination, the bank shall make arrangements to reimburse the Department all charges for services such as travel expenses, including airfare, hotel and per diem incurred by the employee. These expenses are to be in accord with applicable travel regulations published by the Department of Central Management Services and approved by the Governor's Travel Control Board (80 Ill. Adm. Code 2800).c) All fees received pursuant to this Part shall be deposited in the Bank and Trust Company Fund and subject to Section 48(3) of the Illinois Banking Act.d) Notwithstanding Section 345.490, the fee for fiscal year 2025 shall be due on September 1, 2024. The fee for each fiscal year thereafter shall be due within 30 days after the start of each fiscal year. For purposes of this Section, "fiscal year" means a period beginning on July 1 of any calendar year and ending on June 30 of the next calendar year.Ill. Admin. Code tit. 38, § 345.480
Added at 48 Ill. Reg. 7095, effective 5/1/2024