FDIC deposit insurance seminars

FDIC FIL-25-2018, issued yesterday, announces four identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers between May 24, 2018, and November 26, 2018. In addition to a comprehensive overview of FDIC deposit insurance rules, the seminars now include deposit insurance coverage information on signature card requirements for joint accounts, prepaid cards, bank trade names, health savings accounts, 529 plan accounts, and 529 Achieving a Better Life Experience (ABLE) plan accounts. The presentation provides an overview of some of the most popular deposit insurance resources, including:

• the FDIC's Electronic Deposit Insurance Estimator (EDIE), an interactive tool used to calculate deposit insurance coverage;
• the FDIC's BankFind Directory, which allows users to confirm if a bank is FDIC-insured; and
• the FDIC's Financial Institution Employee's Guide to Deposit Insurance, developed to assist bankers in providing detailed information about deposit insurance coverage to their customers.