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Financial Institution Letter |
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Deposit Insurance Coverage Seminars: Free Nationwide Series for Bank Officers and Employees
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Summary:
The FDIC will conduct four identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers between September 15, 2020, and December 10, 2020. In addition to a comprehensive overview of FDIC deposit insurance rules, the seminars 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.
Details about the deposit insurance seminars can be found on the FDIC's website.
Statement of Applicability to Institutions under $1 Billion in Total Assets:
This Financial Institution Letter (FIL) applies to all FDIC-supervised institutions.
Distribution:
FDIC-Insured Institutions
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