This FIL was updated on April 21, 2015, to include a new call-in number and passcode.
Summary:
The FDIC is hosting an informational call for FDIC-insured institutions on April 22, 2015, at 1:00 p.m. EDT to discuss the Brokered Deposit Frequently Asked Questions (FAQs) issued in FIL-2-2015.
Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all insured depository institutions.
Highlights:
- During this call, FDIC staff will discuss and respond to questions received about the FAQs contained in FIL-2-2015, which provide guidance on identifying brokered deposits, accepting deposits, listing services, and other brokered deposit-related matters.
- The call is scheduled for Wednesday, April 22, 2015, from 1:00 p.m. to 2:00 p.m. EDT. To access the call, dial (800) 369-1909 and enter passcode 2237902#.
- A Power Point presentation will be posted on the FDIC's Conferences & Events Web site the morning of the call.
- Brokered deposit determinations are very specific to particular deposits and programs. Therefore, we encourage questions to be submitted in advance of the call via email to RAC@fdic.gov. Please reference "Brokered Deposit FAQs" in your email.
Distribution:
- FDIC-Insured Depository Institutions
Suggested Routing:
- Chief Executive Officer
- Chief Financial Officer
Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at https://www.fdic.gov/news/financial-institution-letters/2015/.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC FILs 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).