Shielding Community Banks from Systemic Risk Assessments Act

This bill exempts community banks (defined as institutions with under $5 billion in assets) from special assessments the FDIC must charge to recoup losses from using its "systemic risk exception" following the 2023 failures of Silicon Valley Bank and Signature Bank. It amends the FDIC Act to require the FDIC to fully exempt these smaller banks, while creating a graduated system where larger banks ($50 billion+ in assets) pay a significantly larger share of the assessment. The bill directly affects rural banks, community development financial institutions, and minority depository institutions that did not contribute to the recent banking failures. It focuses solely on adjusting how the FDIC recoups costs from the systemic risk exception, not on preventing future bank failures.