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Deposit Insurance Coverage Seminars: Free Nationwide Seminars for Bank Officers and Employees
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04/23/2019
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Description:The FDIC will conduct four identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers between May 15, 2019, and December 9, 2019. In addition to a comprehensive overview of FDIC deposit insurance rules, the seminars include deposit insurance coverage information on signature card requirements for joint accounts, Prepaid Cards, Bank Trade names, Health Savings Accounts, 529 plan accounts, and 529 Achieving a Better Life Experience (ABLE) plan accounts. The presentation provides an overview of some of the most popular deposit insurance resources such as: (a) the FDIC’s Electronic Deposit Insurance Estimator (EDIE), which is an interactive tool used to calculate deposit insurance coverage: (b) the FDIC’s BankFind Directory, which allows users to confirm if a bank is FDIC-insured; and (c) the FDIC’s Financial Institution Employee’s Guide to Deposit Insurance, which was developed to assist bankers in providing detailed information about deposit insurance coverage to their customers. The FDIC also has developed three separate Deposit Insurance Coverage Seminars for bank officers and employees that are available on the FDIC’s YouTube channel. Both the live and 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.
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Release Date:04/23/2019
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Withdrawn Date:01/30/2024
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Related Regulation:12 CFR Part 330
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Source:FDIC Website
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Memorandum To:FDIC-Insured Institutions
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FIL Number:FIL-23-2019
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Main Document Checksum:
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Download URL:
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File Type:
[PDF-755.47 KB]
