Deposit Insurance Banker Seminars
Nationwide Seminars for Bank Employees on FDIC's Deposit Insurance Resources and Recent Changes to the Rules for Insurance Coverage of Living Trust Accounts
The Federal Deposit Insurance Corporation (FDIC) has scheduled three nationwide one-hour seminars – to be held on October 11, October 25 and November 15, 2005 – to demonstrate how institution employees can use the FDIC’s many deposit insurance resources to help explain FDIC insurance coverage to depositors. During the seminar, the FDIC will also discuss recent changes to its rules for insurance coverage of accounts held by living trusts. These seminars are intended for bank managers who are responsible for overseeing a bank’s savings and branch office operations, as well as bank compliance officers and training managers. Institutions may participate in the seminars through the Internet or by conference call.
Schedule of Banker Seminars
The seminars will be held at 1:00 p.m., Eastern Time, on October 11, October 25 and November 15, 2005. If you wish to participate, please follow the instructions contained in the attachment. If you cannot participate, but would like a copy of the Power Point presentation of the seminar, please follow the instructions in the attachment.
FDIC’s Deposit Insurance Resources
The FDIC’s deposit insurance resources are designed to meet a variety of bank needs, including basic customer information, employee training and “just-in-time” job aids that can be used at the retail level. The FDIC believes these products can be of considerable assistance to all insured institutions, and would help bankers provide timely and accurate deposit insurance coverage advice to their customers.
During the seminar, FDIC staff will review:
- Video: Overview on Deposit Insurance Coverage on DVD and CD-ROM (27 minutes)
- Video: Seminar on Deposit Insurance Coverage on CD-ROM (100 minutes)
- Insuring Your Deposits (Basic Brochure)
- Your Insured Deposits (Comprehensive Brochure)
- Financial Institution Employee’s Guide to Deposit Insurance Coverage
FDIC Rules for Coverage of Living Trust Accounts
- Rules and Requirements
- Insurance Limits
- Detailed Examples
- Inventory of Deposit Insurance Guidance (IDIG) on CD-ROM
- Electronic Deposit Insurance Estimator (EDIE) – Banker Version 2.1 on CD-ROM
The FDIC offers its deposit insurance resources to insured institutions at no charge. Several products are available with multiple language options.
Questions and Answers
The FDIC will have several short question and answer periods throughout the seminar. You may ask your questions live via the conference by pressing star * 1 or submit your question via e-mail. If you have any questions regarding the FDIC deposit insurance resources, you can e-mail your question to DepositInsuranceCoverage@fdic.gov.
The FDIC will review all questions submitted, and answers will be compiled into a Frequently Asked Questions page that will be available on the Deposit Insurance page of the FDIC Web site at www.fdic.gov approximately two weeks after each seminar.
For more information about this FDIC banker seminar, please contact the FDIC Call Center, toll-free, at 1-877-275-3342.
||Christopher J. Spoth
Division of Supervision and Consumer Protection