Deposit Insurance Coverage
Free Nationwide Telephone Seminars for Bank Officers and Employees
The FDIC will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between March 20, 2013, and December 3, 2013.
- The FDIC is offering 11 sessions entitled "FDIC Comprehensive Seminar on Deposit Insurance Coverage for Bankers" (Comprehensive Seminar). These seminars will provide participants with an overview of the rules for determining deposit insurance coverage for all account ownership categories. The sessions will also provide participants with an introduction to the resources and tools available from the FDIC.
- The FDIC is offering four sessions entitled "FDIC Seminar on Revocable Trust Accounts for Bankers" (Revocable Trust Seminar). These seminars will focus primarily on the rules and coverage for formal revocable trust accountholders whose trust deposits at one bank exceed $1,250,000.
- The objective of both seminars is to provide bank employees with the knowledge of FDIC's deposit insurance rules needed to assist depositors in correctly determining their deposit insurance coverage. Participation in the seminars is strictly voluntary and is open to employees and officials of all FDIC-insured depository institutions.
The Comprehensive Seminar will consist of a 90-minute audio presentation, and the Revocable Trust Seminar will consist of a 45-minute audio presentation. Each seminar is linked to a slide presentation (see attachment). A question-and-answer period, which typically lasts an hour, will follow.
The seminars are free but participants must register in advance. Once you have completed the registration process, you will receive an RSVP e-mail confirmation from the FDIC, along with a PIN that is required to join the teleconference on the date selected. If you do not receive an e-mail confirmation, recheck the e-mail address provided and repeat the registration process. There is no limit on the number of employees from one bank who may participate in a seminar session.
The Comprehensive Seminar is a prerequisite for the Revocable Trust Seminar. Participants are strongly encouraged to complete the Comprehensive Seminar before registering for the Revocable Trust Seminar. The Comprehensive Seminar will provide participants with the knowledge needed for the discussion on complex revocable trust accounts.
Registration procedures and instructions for accessing the seminar slide presentations are included in the attachment. The slide presentation is subject to change based on the adoption of any statutory, regulatory, or policy changes affecting the calculation of deposit insurance coverage.
For more information about the FDIC's 2013 schedule of deposit insurance seminars or to request help with the registration process, please contact the FDIC Call Center at 877-ASK-FDIC (877-275-3342).
The FDIC looks forward to your institution's participation in our 2013 seminar series.
Division of Depositor and Consumer Protection