At a meeting on November 5, 2007, pursuant to provisions in the Federal Deposit Insurance Act, the Board of Directors of the FDIC (Board) set the 2008 designated reserve ratio (DRR) for the Deposit Insurance Fund (DIF) at 1.25% of estimated insured deposits.\1\ The 2008 DRR of 1.25% is unchanged from the 2007 DRR.\2\ The Board is publishing this notice as required by section 7(b)(3)(A)(i) of the Federal Deposit Insurance Act (12 U.S.C. 1817(b)(3)(A)(i)).\3\ \1\ Section 7(b)(3)(C) of the FDI Act provides that, in setting the DRR for any year, the Board must: ``(i) Take into account the risk of losses to the Deposit Insurance Fund in such year and future years, including historic experience and potential and estimated losses from insured depository institutions; (ii) take into account economic conditions generally affecting insured depository institutions so as to allow the designated reserve ratio to increase during more favorable economic conditions and to decrease during less favorable ]]> http://thefederalregister.com/d.p/2007-11-21-E7-22576 Wed, Nov 21 2007 11:00:00 GMT