All bank personnel will benefit from learning more about FDIC insurance. Each
person who represents the bank should be able to discuss intelligently whether or
not an account is insured.
One of the most misunderstood subjects in banking, FDIC insurance continues to be a puzzle for many bankers. Unfortunately, this often loses the bank customer deposits and confidence of their customers. Leave the past behind and join us in this learning event to “take the mystery” out of FDIC insurance and learn everything your customer needs to know. In this program, learn the detail of all the deposit insurance categories especially useful for larger depositors and those with specific deposit insurance requirements.
TOPICS COVERED:
What is Federal Deposit Insurance?
How does the FDIC determine ownership of funds?
What evidence does the FDIC require to determine the amount of insurance coverage and
shareholders?
Does the FDIC insure all investments?
How long does the FDIC take to pay after a bank fails?
Does the FDIC insure safe Death of an Account Owner or Beneficiary?
Fiduciary Accounts
Does the FDIC protect creditors deposit boxes?
Review of insurance for all the following ownership categories:
