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Federal Deposit
Insurance Corporation

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

Financial Institution Letters

FIL-6-2016
January 19, 2016

Deposit Insurance Coverage Seminars

Free Nationwide Seminars for Bank Officers and Employees

Printable Format:

FIL-6-2016 - PDF (PDF Help)

Summary:

The FDIC will conduct six identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers between February 23, 2016, and December 5, 2016. In addition, the FDIC has developed three separate Deposit Insurance Coverage Seminars for bank officers and employees, which are now available on the FDIC's YouTube channel. Both the live and the YouTube deposit insurance coverage seminars will provide bank employees with an understanding of how to calculate deposit insurance coverage. The live seminars each provide a comprehensive overview of FDIC deposit insurance. The three YouTube seminars cover: Fundamentals of Deposit Insurance Coverage; Deposit Insurance Coverage for Revocable Trust Accounts; and Advanced Topics in Deposit Insurance Coverage.

Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised institutions.

Highlights:

Continuation of FIL-6-2016

Distribution:

Suggested Routing:

Related Topics:

Attachment:

Contact:

Note:

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at https://www.fdic.gov/news/news/financial/2016/

To receive FILs electronically, please visit https://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).

Financial Institution Letters
FIL-6-2016
January 19, 2016

Deposit Insurance Coverage
Free Nationwide Seminars for Bank Officers and Employees

The FDIC will conduct six identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers between February 23, 2016, and December 5, 2016, via Microsoft Office Live Meeting. In addition, the FDIC developed three separate Deposit Insurance Coverage Seminars for bank officers and employees, which now are available on the FDIC's YouTube channel. The YouTube seminars are pre-recorded and intended to be used on a self-study basis. Both the live seminars and the YouTube deposit insurance coverage sessions will provide bank employees with an understanding of how to calculate deposit insurance coverage. The seminar topics have been structured as follows:

Live Seminars:

This seminar will offer a comprehensive overview of FDIC deposit insurance rules. The session is ideal for bank employees seeking a broad understanding of FDIC deposit insurance coverage rules. For certain complex issues, this seminar will refer to the YouTube videos, described below, for additional information. The live seminars will be followed by a question-and-answer session with FDIC subject matter experts.

The seminars are free, but advance registration is required. Upon completing the registration process, participants will receive an RSVP email confirmation, along with a PIN that is required to join the seminar on the date selected. If you register, but do not receive an email confirmation, verify the email address provided and repeat the registration process.

The email confirmation will contain a "Join the meeting" link that automatically starts the Microsoft Office Live Meeting Client and connects participants to the seminar. This link will be active 30 minutes prior to the scheduled start time of each event. If this is the first time you are joining a meeting, you may need to install the Live Meeting Client before you can join the session. You must log in to join the Microsoft Office Live Meeting and dial into a conference call for the audio component of the presentation, including the question- and-answer session. Registration procedures and instructions for accessing the seminar slide presentations are included in the attachment. The PowerPoint presentation is subject to change based on the adoption of any statutory, regulatory, or policy changes affecting the calculation of deposit insurance coverage.

YouTube Sessions:

The objective of the self-study 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. The three self-study seminars are available on the FDIC's YouTube channel:

Participation in the seminars and the YouTube sessions is strictly voluntary and open to employees and officials of all FDIC-insured depository institutions.

Questions about the live seminars or the YouTube videos may be sent to: DIBankerSeminars@fdic.gov or you may call 1-877-275-3342 and ask to speak to a subject matter expert in the Deposit Insurance Section.

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