FDIC Offers Free Webinars on Deposit Insurance Coverage

FDICThe FDIC will offer 12 free seminars on deposit insurance coverage for bank officers and employees between May 6, 2014, and December 4, 2014, including:

  • Four sessions on “Fundamentals of Deposit Insurance Coverage” (Fundamentals Seminar), which will provide an overview of the rules for determining coverage for the nine most common account ownership categories;
  • Four sessions on “Deposit Insurance Coverage for Revocable Trust Accounts” (Revocable Trust Seminar), which will focus on the rules for informal and formal revocable trust accounts; and
  • Four sessions on “Advanced Topics in Deposit Insurance Coverage” (Advanced Topics Seminar), which will focus on government accounts, mortgage servicing accounts, bank mergers, pass-through deposit insurance coverage, and other deposit insurance topics.

The objective of the seminars is to provide bank employees with basic knowledge of the FDIC’s deposit insurance rules needed to help depositors correctly determine their deposit insurance coverage. Participation in the seminars is strictly voluntary and is open to employees and officers of all FDIC-insured depository institutions.

The Fundamentals Seminar will consist of a 70-minute presentation, and the Revocable Trust Seminar and the Advanced Topics Seminar will each consist of a 45-minute presentation. A question-and-answer period, which typically lasts an hour, will follow each seminar. Each seminar is linked to a slide presentation (see attachment).

The seminars are free, but advance registration is required. Click here for details.

 

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