In addition, regular risk-based premiums would mean that fast growers would pay for bringing new deposits into the system. Also, if there is an adjustment based on past contributions to the fund, those banks that build the fund would benefit. Lastly, let me talk about insurance coverage levels. We think indexing is a good idea because it can increase predictability for bankers and depositors, decrease instability, and lessen the potential for overreacting in times of stress with very large and sudden increases. We're not alone.
Indexing is the best way to make sure the limit does so.
And we think using the CPI is appropriate. It captures inflation reasonably well. It is widely understood and accepted. And it is quickly available. We know this is an important issue to community bankers.