- The FDIC has developed two new resources to help bank employees and
depositors understand FDIC deposit insurance coverage: (1) a large-print
version of the brochure Your Insured Deposits and (2) a
computer-based, interactive training module called FDIC Deposit
Insurance Coverage for Bankers.
The large-print brochure is 8.5"x11" in size and uses an 18-point font, the
standard font size recommended by the American Printing House for the Blind.
Insured institutions may order copies of the new large-print brochure from
the FDIC at no charge. This version of the brochure is available in English
only; a Spanish version will be released at a later time.
- The training module, FDIC Deposit Insurance Coverage for Bankers,is
designed for use by insured institutions to train employees who need a basic
understanding of how FDIC insurance coverage works. It explains the
different account ownership categories and the FDIC’s rules for
coverage of a depositor’s funds in accounts over $250,000. The module
is available in an interactive format, on DVD, and in PDF. English and
Spanish versions of the training module are available.
Insured institutions may access and order the FDIC's two new deposit
insurance resources on the FDIC's Web site at www.fdic.gov/deposit/deposits/.
Insured institutions' use of any FDIC deposit insurance training materials,
including the two new products referenced in this FIL, is voluntary.
All FDIC-Insured Institutions
Chief Executive Officer
Head of Deposit and Branch Operations
FDIC Deposit Insurance Regulations, 12 C.F.R. Part 330
Deposit Insurance Coverage: Two New Deposit Insurance Resources
FDIC Call Center at 1-877-275-3342
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web
site at http://www.fdic.gov/news/news/financial/2012/index.html.
To receive FILs electronically, visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies may be obtained through the FDIC's Public Information Center, 3501
Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).
Deposit Insurance Coverage
Two New Deposit Insurance Resources Now Available
September 19, 2012
The FDIC is
pleased to announce the availability of two new deposit insurance coverage
Large-Print Version of Your Insured Deposits, the
FDIC’s most popular consumer brochure. The brochure is printed
following the standards established by the American Printing House for the
Blind. It is 8.5” x 11” in size and is printed in 18-point font
type. Your Insured Deposits describes coverage for most account
ownership categories and includes numerous examples and a Question and
Answer section. The large-print brochure is available from the FDIC in
hardcopy or PDF, and is free to insured institutions.
FDIC Deposit Insurance Coverage for Bankers, a
computer-based training module that insured institutions may use to train
bank employees who need a basic understanding of FDIC insurance coverage.
The training module is self-paced, with built-in learning examples. It takes
an average of 45 minutes to complete and is offered in English and Spanish.
The training is available in an interactive format on FDIC's Web site, on
DVD, and in PDF.
The use of these
or any other FDIC deposit insurance resources is optional for insured
Additional Deposit Insurance Resources for Bankers
Available from the FDIC
The FDIC offers
insured institutions a number of deposit insurance resources, all of which are
available at no cost from the FDIC. The FDIC encourages insured financial
institutions to take advantage of these free resources. Information about FDIC's
most popular deposit insurance resources and how to access them is provided
can access all of FDIC's deposit insurance resources on the FDIC's Web site at http://www.fdic.gov/deposit/deposits/.
Electronic Deposit Insurance Estimator (EDIE)
EDIE is a user-friendly Internet application that helps users estimate
insurance coverage for their accounts at one insured institution. EDIE uses
a step-by-step approach that prompts users to enter information about their
accounts and, after the user has answered all questions, generates a
printable report showing the amount of insurance coverage for the user's
accounts. EDIE is available through the FDIC's Web site at www.fdic.gov/edie. Financial institutions can place a
link to EDIE on their Web site or Intranet to make it available to employees
and customers. They can also customize and integrate EDIE into their Web
sites, allowing bank customers and staff to access EDIE without leaving the
bank's Web site.
Banker Telephone Deposit Insurance Seminars
The FDIC regularly offers 90-minute telephone seminars on deposit insurance
coverage that are free and open to employees of insured institutions. The
seminars generally provide a comprehensive review of how FDIC insurance
works, including the rules for determining coverage when depositors have
funds in different account ownership categories. The telephone seminars
generally provide more detailed information than the FDIC Deposit
Insurance Coverage for Bankers training module described previously
in this FIL.
Video: Overview on Deposit Insurance Coverage
This 27-minute video presents an overview of FDIC's deposit insurance
coverage rules and emphasizes the most common account ownership categories
used by individuals and families. It is available on DVD free from the FDIC,
on the FDIC's Web site, and on FDIC's YouTube Channel. Both English and
Spanish versions are available.
Consumer Brochures: Your Insured Deposits and Deposit Insurance
FDIC’s most popular resource for bankers and consumers, Your
Insured Deposits (described above) is available in large-print and
multi-page pocket versions. The Deposit Insurance Summary is a
one-page brochure that provides a high-level overview of the deposit
insurance limits for the most common account ownership categories. The
Deposit Insurance Summary and Your Insured Deposits are
available in hard copy free from the FDIC and on the FDIC’s Web site
in English, Spanish, Korean, Chinese, Vietnamese, and Tagalog.
Institutions can place orders for free copies of all of these resources online at https://catalog.fdic.gov/. Please allow
four to six weeks for delivery.
For more information about any of the FDIC's deposit insurance resources, contact
the FDIC Call Center toll-free at 1-877-275-3342.
Division of Depositor and Consumer Protection