Texas Department of Savings and Mortgage Lending

16/08/2024 | Press release | Distributed by Public on 16/08/2024 23:27

Announcement: FY2025 Thrift Assessments

Last Updated on August 16, 2024

On August 16, 2024, the Finance Commission of Texas approved the Department's FY2025 budget, including the FY2025 quarterly thrift assessments, based on the lower of risk-weighted assets and total assets, to be assessed at 60% of the approved maximum rates.

The FY2025 assessment schedule is posted on SML's website at https://www.sml.texas.gov/download/assessment-rate-schedule.