FDIC Deposit Insurance For Bankers Version 1.0

FDIC Deposit Insurance For Bankers Version 1.0 Printable PDF Published: September 20, 2012 FDIC Deposit Insurance For Bankers Version 1.0 Printable PDF Published: September 20, 2012 “An investment in knowledge pays the best interest.” Benjamin Franklin Welcome to the FDIC Deposit Insurance Training for Bankers. What investment in knowledge can an FDIC-insured depository institution make that affords its depositors security and confidence? FDIC-insured banks can provide training to their employees about the basic principles of FDIC deposit insurance coverage including information about FDIC deposit insurance coverage resources. When depositors have questions about the safety of their money, they first turn to you - the banker to get their answers. Therefore, understanding how deposit insurance coverage works is critically important for you. This course has been designed to provide you – the banker - with a basic understanding of the deposit insurance coverage rules so that you can answer general coverage questions and/or guide your depositors to FDIC deposit insurance coverage resources where they can obtain more information. Let’s begin! 2 FDIC Deposit Insurance For Bankers Version 1.0 Printable PDF Published: September 20, 2012 This course will provide you with the knowledge to:  Describe the general principles of deposit insurance coverage  Explain the account ownership categories, including the rules, requirements, and coverage available  Discuss fiduciary relationships, and  Inform you about the deposit insurance coverage resources 3 FDIC Deposit Insurance For Bankers Version 1.0 Printable PDF Published: September 20, 2012 Lesson 1: General Principles of Deposit Insurance Coverage When depositors see the FDIC Official Sign, they can be assured that their deposits are insured. The FDIC only insures deposits at FDIC-insured banks. Standard deposit insurance coverage is at least $250,000 per depositor, per bank, per ownership category, including principal and accrued interest. In this lesson, we will take a closer look at the general principles that govern deposit insurance coverage. 4 FDIC Deposit Insurance For Bankers Version 1.0 Printable PDF Published: September 20, 2012 Specifically in this lesson, we will:  Explain the Standard Maximum Deposit Insurance Amount, also known as SMDIA  Identify the types of deposits the FDIC insures  Describe the factors that may affect insurance coverage, and  Review the evidence used to determine account ownership 5 ... - tailieumienphi.vn