Deposit Insurance Coverage Seminars for Bank Officers and Employees

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Explore:  Deposit Insurance FDIC

On February 21, the Federal Deposit Insurance Corporation announced that it will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between March 20 and December 3, 2013. Eleven sessions entitled “FDIC Comprehensive Seminar on Deposit Insurance Coverage for Bankers” will provide an overview of the rules for determining deposit insurance coverage for all account ownership categories. Four separate sessions entitled “FDIC Seminar on Revocable Trust Accounts for Bankers” will focus primarily on the rules and coverage for formal revocable trust accountholders whose trust deposits at one bank exceed $1,250,000.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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