Deposit Insurance Coverage
Free Nationwide Telephone Seminars for Bank Officers and Employees FIL-5-2012
February 2, 2012
Summary: The FDIC will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between February 15, 2012 and December 6, 2012. Twelve sessions entitled “FDIC Comprehensive Seminar on Deposit Insurance Coverage for Bankers” (Comprehensive Seminar) will provide an overview of the rules for determining deposit insurance coverage for all account ownership categories. Three separate sessions entitled “FDIC Seminar on Revocable Trust Accounts for Bankers” (Revocable Trust Seminar) will focus solely on the rules and coverage for formal revocable trust accountholders whose trust deposits at one bank exceed $1,250,000.
Statement of Applicability to Institutions with Total Assets Less Than $1 Billion: This Financial Institution Letter applies to all FDIC-insured institutions, including those institutions with total assets under $1 billion.
Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2012/fil12005.html