May 16, 2006

Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429

Re: Interim Rule – Deposit Insurance Regulations; Inflation Index; Certain Retirement Accounts and Employee Benefit Plan Accounts

Dear Mr. Feldman,

America‘s Community Bankers (“ACB”) is pleased to comment on the amendments to the Federal Deposit Insurance Corporation‘s (“FDIC”) deposit insurance regulations. These revisions are in response to the Federal Deposit Insurance Reform Act of 2005 and the Federal Deposit Insurance Reform Conforming Amendments Act of 2005 (“Deposit Insurance Reform Acts”).

ACB supports the interim regulation which implements the deposit insurance reform legislation as outlined in the FDIC‘s Interim Rule. The Interim Rule provides for consideration of inflation adjustments to the maximum deposit insurance amount on a five year cycle; increases the deposit insurance limit for certain retirement accounts; and provides per participant insurance coverage to employee benefit plan accounts.

ACB appreciates the invitation to comment on this issue. If further information is requested, please do not hesitate to contact the undersigned at (202) 857-3158 or email at [email protected], or Ike Jones at (202) 857-3132 or email at [email protected].

Sincerely,


Jodie G. Goff
Manager – Accounting and Financial Management Policy

America‘s Community Bankers represents the nation‘s community banks of all charter types and sizes. ACB members pursue progressive, entrepreneurial and service-oriented strategies in providing financial services to benefit their customers and communities.