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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Legal Division Honors Program

Frequently Asked Questions

When will I hear from you about an interview?
We intend to begin our interviews for the 2019 program in early October, 2018. We contact prospective interviewees by telephone beginning in September.
How will I know if my application is being considered?
We consider all applications to be "live" until we send you a letter indicating that we are no longer considering your application.
I live far from Washington. Do you reimburse for travel to Washington if I am interviewed?
Yes. Because we conduct all of the Program interviews at our Washington, DC, headquarters we reimburse you at the government rate for travel. Details will be provided to you at the time you are invited for your interview.
When will you make offers to successful applicants?
For the 2019 program we can make offers any time from October 2018 through early January 2019 unless you are otherwise notified by letter.
How are offers made?
We first make "tentative" offers by telephone with a follow-up letter which includes an application form used for the required background checks. Assuming the background check reveals no problems, we then send a formal offer letter with proposed grade and salary. This process can take at least one month.
To whom should I address my cover letter?
You may address your cover letter to the "Honors Attorney Program Coordinator."
Do you pay relocation expenses?
The FDIC does not pay for any relocation costs for new hires.
What is the salary for an Honors Attorney?
Currently the beginning salary level for a new law school graduate in the Honors Program in Washington, DC is $103,201. Graduates with an advanced legal degree and judicial clerkship experience may start at a higher salary. Pay rates for 2019 will be set in early 2019.
What are your employee benefits?
The FDIC provides a very comprehensive benefits package, including a wide variety of health plan offerings under the Federal Employee Health Benefits program, transit subsidy, bar dues reimbursement, on-site fitness center, life insurance coverage, dental and vision coverage, and a tax-deferred 401(k) and Thrift Savings Programs with matching Corporation contributions. Program participants will also receive 10 federal holidays and 13-26 days of paid time off per year.

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