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Inactive Financial Institution Letters

Deposit Insurance Seminars
Additional Free Seminars for Bank Employees on How to Calculate Deposit Insurance Coverage
FIL-120-2008
November 3, 2008


Summary: The FDIC will host four additional deposit insurance seminars identical to the eight telephone seminars for bankers announced in FIL-85-2008. The free seminars will cover the recent insurance coverage rule changes and guide bank employees through the process of determining a customer's deposit insurance coverage. Each seminar presentation will run approximately 90 minutes and will be followed by a question-and-answer period. The seminars will be conducted on November 14th and December 5th, 10th and 19th of 2008, and are available to employees of all FDIC-insured banks and savings associations.

Highlights:

  • Bank officers and employees may participate in any of the four free seminars.
  • The seminars will be held on November 14th and December 5th, 10th and 19th of 2008.
  • The sessions are offered on different days of the week and at different times to allow scheduling flexibility for participants.
  • Each seminar will consist of a 90-minute presentation followed by a question-and-answer period.
  • Advance registration is required for each session. Instructions for registering are provided on pages 2 and 3.
  • PowerPoint slides are an integral part of the seminar presentation. Participants are strongly encouraged to have a copy of the slides with them during the FDIC staff presentation. Links to the PowerPoint presentation - in both PowerPoint and Acrobat Reader (PDF) formats - are provided on page 3.

Continuation of FIL-120-2008

Distribution:
FDIC-Insured Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
Head of Deposit and Branch Operations
Chief Compliance Officer
Training Officer

Related Topics:
FDIC Deposit Insurance Regulations 12 C.F.R. 330

Attachment:
None

Contact:
FDIC Call Center at 1-877-275-3342

Printable Format:
FIL-120-2008 - PDF (PDF Help)

Note:
FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2008/index.html.

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562- 2200).



Financial Institution Letters
FIL-120-2008
November 3, 2008

Deposit Insurance Seminars

Additional Free Seminars for Bank Employees on How to Calculate Deposit Insurance Coverage

The FDIC is offering four additional telephone seminars for bank employees on the FDIC rules for deposit insurance coverage. The free seminars will be offered on November 14, December 5, December 10 and December 19, 2008. The seminars are open to employees of all FDIC-insured banks and savings associations.

What You Need to Know to Calculate Deposit Insurance Coverage

The FDIC receives thousands of inquiries each month from depositors, bank employees and other financial industry personnel about how to calculate FDIC deposit insurance coverage. In response, the deposit insurance telephone seminar is designed to explain the basic information bank employees need to assist their customers in calculating coverage.

The presentation will run approximately 90 minutes and will be followed by a question-and- answer session. A typical Q&A session lasts approximately one hour.

How to Register for Seminar Sessions

Participants must register for a session at least three business days before the event by following these procedures:

  1. Click on www.mymeetings.com/rsvp.
  2. Enter the conference identification number for the specific seminar. The conference number for each seminar follows:
  3. Date
    (2008)
    Time
    (Eastern)
    Conference
    Number
    Pass Code
    Nov.14 11:00 a.m. 1395553 7442232
    Dec. 5 1:00 p.m. 1395604 9863215
    Dec. 10 2:00 p.m. 1395629 1618950
    Dec. 19 12:00 noon 1395638 9114824
  4. Enter corresponding pass code.
  5. Leave the PIN number blank.
  6. Click on the "Proceed" button.
  7. On the next page provide your name and e-mail address, then click the "Proceed" button. No additional information is needed.

At the conclusion of this process, you should receive an RSVP e-mail confirmation with the PIN needed to join the teleconference on the date you selected. If you do not receive a confirmation, check your e-mail address and repeat the registration process.

Accessing the PowerPoint Presentation

The PowerPoint slide presentation for this seminar is available on the FDIC's Web site. Participants are strongly encouraged to have a copy of the PowerPoint slides with them during the FDIC staff presentation. To obtain a copy of a presentation, click one of the following links:

What You Need To Know To Calculate Deposit Insurance Coverage - PowerPoint format 541K (PPT Help)

What You Need To Know To Calculate Deposit Insurance Coverage - PDF format 394K (PDF Help)

We believe these seminars provide a unique opportunity for bank employees to receive training about federal deposit insurance coverage from FDIC subject matter experts. We look forward to your institution's participation.

Questions about the seminars, including registration procedures or problems accessing the PowerPoint slides, should be directed to the FDIC Call Center at 1-877-275-3342.

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection




Last Updated 11/3/2008 communications@fdic.gov