CHIEF EXECUTIVE OFFICER, SENIOR
AND TRAINING OFFICER
Revision of The Financial
Institution Employee's Guide to Deposit Insurance
Enclosed is a revised version of the FDIC's
publication The Financial Institution Employee's Guide to Deposit Insurance. It is
a comprehensive document explaining the FDIC's deposit insurance rules in a non-technical
way, and providing background and instructional materials on deposit insurance. This guide
includes the amendments to the deposit insurance rules that became effective July 1, 1998,
and April 1, 1999.
Each FDIC-insured financial institution should ensure that its staff provides accurate
and complete information about FDIC insurance coverage to its depositors. Bank and thrift
employees who deal directly with depositors should understand the rules that govern
deposit insurance coverage well enough to explain them clearly and accurately.
This publication is a helpful guide to the deposit insurance rules for financial
institution training staff, operations and savings officers, and others responsible for
disseminating deposit insurance information at financial institutions. The guide includes
instructional materials designed to assist insured institutions in developing in-house
training programs on deposit insurance, including a set of tests on calculating deposit
The enclosed revised guide is not copyrighted and may be duplicated. The guide is also
available on the FDIC's Web page at http://www.fdic.gov/deposit/deposits/financial/index.html.
For more information, please contact the FDIC's Division of Compliance and Consumer
Affairs at 1-800-934-3342.
William F. Kroener, III
Stephen M. Cross
Director, Division of Compliance
and Consumer Affairs
Distribution: All FDIC-Insured Banks and Savings
NOTE: Paper copies of FDIC financial institutions letters may be obtained through the
FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434
(800-276-6003 or (703) 562-2200).