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Financial Institution Letter
Deposit Insurance Seminars

SUBJECT: Deposit Insurance Seminars Scheduled Nationwide

The FDIC and its insured members share responsibility for promoting public confidence in FDIC deposit insurance. For over sixty years, the FDIC has worked to ensure your customers can trust that their deposits are protected up to the insurance limit. As your customers' first source of information about FDIC insurance, you have a duty to ensure that employees who advise depositors understand the insurance rules well enough that they can explain the requirements accurately.

To assist our insured members in their training efforts, the FDIC will be conducting 22 seminars in 11 cities nationwide from May through August, 1995. The seminars are intended for Training Officers, Operations and Savings and Savings Officers, and other employees who are responsible for overseeing the dissemination of accurate deposit insurance information. FDIC staff will lead the half-day sessions, which will provide instruction and educational materials useful in developing in-house insurance training programs. A segment of the course will be devoted to uninsured deposit-like products and how to help your employees and customers distinguish them from insured deposits.

Enclosed is a brochure explaining the objectives, locations, and dates of the seminars. Since space is restricted to 250 participants per session, we must limit this invitation to no more than three attendees per institution. Registration will be completed by mail, using the enclosed registration form. The fee for the seminar is $50 per attendee, including instructional materials. A continental breakfast will be provided at the morning sessions; a snack will be provided at the afternoon sessions.

Candidates must complete and return the enclosed registration form by May 15 for the May and June seminars, and by July 8 for the July and August sessions. Upon receipt of the registration form and confirmation of space availability, candidates will receive a letter confirming the date, time and location of the session for which they have been booked.

A limited number of hotel rooms at each seminar location has been reserved for attendees. Registrants are responsible for their own reservations. When you contact the hotel for reservations, please identify yourself as attending the "FDIC Deposit Insurance Seminar" to qualify for the special meeting rate.

We encourage you to make use of the enclosed registration form to submit questions or topics on the deposit insurance regulations you would like addressed at the seminar.

For more information or assistance regarding reservations for the seminars or hotel accommodations, please contact Becky Keleher, SATOTRAVEL, 460 Spring Park Place, Suite 1500 Room D, Herndon, VA 22070 at 800-347-6338, 703-435-7946 (FAX). Other questions may be directed to Hugh Eagleton, Chief, Deposit Insurance Unit, FDIC Division of Compliance and Consumer Affairs at 202-942-3668.

Paul L. Sachtleben


Distribution: Insured Banks and Savings Associations

Last Updated: April 28, 1995