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Federal Deposit
Insurance Corporation

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

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Inactive Financial Institution Letters


March 13, 2000

SUBJECT: Deposit Insurance Seminars Scheduled Nationwide

The Federal Deposit Insurance Corporation (FDIC) and FDIC-insured banks and savings associations share responsibility for promoting public confidence in our nation's banking system. For over 66 years, the FDIC has worked to ensure your customers can trust that their deposits are protected up to the insurance limit. As the first source of information about FDIC insurance, you have a duty to ensure that your employees who advise depositors understand the insurance rules well enough that they can accurately explain the requirements.

To assist insured institutions in their training efforts, the FDIC will be conducting 24 seminars in 12 cities nationwide from April through June 2000. The seminars are intended for training officers, operations 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, at which attendees will receive 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 limited, we must restrict this invitation to no more than five attendees per institution. Registration must be completed by mail, using the enclosed registration form. The fee for the seminar is $50 per attendee, including instructional materials.

Attendees must complete and return the enclosed registration form no later than two weeks prior to each seminar. Upon receipt of the registration form and confirmation of space availability, attendees 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 have been reserved for attendees. Registrants are responsible for their own reservations. When contacting the hotel for reservations, they should identify themselves as attendees of 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 questions about seminar registration or cancellation, please call Michelle L. Kingham (703-359-0200, ext. 449) or Alonzo Duncan (703-359-0200, ext. 317) of Omega World Travel. You may also e-mail Ms. Kingham or Mr. Duncan at or fax them at (703) 359-4190.

For questions about the seminar content or other deposit insurance issues, please contact Hugh Eagleton of the FDIC's Division of Compliance and Consumer Affairs at (202) 942-3668.

Stephen M. Cross

Enclosure: FDIC Deposit Insurance Seminar 2000
HTML or PDF (53 Kb file - PDF help or hard copy)

Distribution:  All Insured Banks and Savings Associations
Financial Institution Trade Associations
State Financial Institution Regulators

NOTE: Paper copies of FDIC financial institution 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).

Last Updated 03/22/2000

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