The front line needs to know a fair amount about FDIC deposit insurance coverage, but learning this isn't easy. However, the FDIC is making it as convenient as possible at a great price - free. Copies of the updated Financial Institution Employee's Guide to Deposit Insurance are now available. The materials contain examples to illustrate how the rules work. There is now a chapter on the most common errors or misunderstandings about insurance coverage.
EDIE, the Electronic Deposit Insurance Estimator, has been given a new outfit - version 2.1 - and contains the latest information. So take EDIE to lunch - a training lunch - and make learning fun.
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