International Affairs

FDIC 101: An Introduction to Deposit Insurance, Bank Supervision, and Resolutions

FDIC is soliciting applications for the 2020 sessions of FDIC 101: An Introduction to Deposit Insurance, Bank Supervision, and Resolutions.

Two sessions of FDIC 101 will be offered in 2020:

• February 24 – 28 –This class has been rescheduled to August 17-21 CANCELLED
• November 2 – 6 CANCELLED

The deadline to apply is July 1, 2020.

FDIC 101 is a week-long program designed to provide a high-level overview of the FDIC’s policies and operations in a format tailored for an international audience. During the program, senior FDIC experts will:

• Describe the FDIC’s bank supervision activities and authority.
• Explain how the FDIC manages the Deposit Insurance Fund.
• Describe how the FDIC resolves failed banks and its role in resolution planning for systemically important financial institutions.

FDIC 101 does not intend to teach international best practices in deposit insurance, bank supervision, or resolutions; FDIC experts will only present the FDIC’s approach to these issues. By the end of the program, participants should be able to compare what they have learned with their own experiences to determine which lessons may be most applicable to their organizations.

Candidate Profile

FDIC 101 is designed for senior to mid-level managers and rising leaders from deposit insurers, central banks, bank supervisors, and other agencies involved in financial stability.

Participants in a position to influence policy at their organization and with a strong understanding of their crisis management framework would benefit most from this program.

Participants should have at least five years of experience in the financial sector and be familiar with one or more of the program’s core subjects: supervision, resolutions, or deposit insurance. Applicants will be asked to provide information to verify that they meet the prerequisite experience.

Translation services will not be offered. Students should have a strong command of English to maximize their comprehension of the program.

Application Process

Space in the program is limited. FDIC will attempt to accommodate at least one candidate from interested organizations.

1. Use the online FDIC International Training Application Form to apply to attend. The form is due no later than July 1, 2020.

2. FDIC will confirm accepted participants by August 1, 2020, and may offer organizations an opportunity to register additional candidates.

3. Application acceptance will be followed by a fee invoice with instructions on how to remit payment and the cancellation policy.

Program Fee

The fee to attend FDIC 101 is USD $500.

The organization’s designated point of contact will be sent an invoice by email approximately eight weeks before the session. The invoice is payable by wire transfer, credit card, or cash.

Location of Training, and Optional Lodging

FDIC 101 will be held at the FDIC’s Arlington, Virginia, location at the following address:

FDIC Seidman Center
3501 Fairfax Drive
Arlington, VA 22226-3500

Lodging: Lodging is available at the FDIC’s Student Residence Center in Arlington, Virginia. The nightly rate for 2020 is USD $208.38 ($184 room rate plus 13.25% tax) for a single occupancy room with kitchen facilities. The rate for November 2020 is not yet available.

Participants are not required to use the FDIC Student Residence Center and may choose to arrange lodging elsewhere.

Meals: Continental breakfast and lunch will be provided. Any dietary restrictions must be requested in advance of the program.

FDIC Contact

If you have questions about the FDIC 101 program, you may direct them via e-mail to InternationalTraining@fdic.gov. Please copy Robert Vanderbilt at rvanderbilt@fdic.gov on correspondence.

Attachments

Sample class schedule. Please note the session will begin on Monday morning at 8:30 a.m. local time and end on Friday at 2:30 p.m.