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FDIC Offers Banks 15 Free Seminars on Deposit Insurance Coverage

Posted on 2/27/2013

The FDIC will conduct 15 free telephone seminars between March 20 and December 3 to train bank officers and employees on deposit-insurance coverage regulations, the agency said last week.

Eleven 90-minutes sessions titled "FDIC Comprehensive Seminar on Deposit Insurance Coverage for Bankers" will provide an overview on the rules for determining insurance coverage for all account categories. Four separate 45-minute sessions titled "FDIC Seminar on Revocable Trust Accounts for Bankers" will focus on the rules and coverage for formal revocable trust accountholders with more than $1,250,000 in trust deposits at one bank.

Each seminar will link to a slide presentation, and a question-and-answer period with FDIC experts will be included. Completing the comprehensive seminar is a prerequisite for taking the revocable trust seminar, FDIC officials said.

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