Deposit Insurance Coverage & Calculation
On-Demand Webinar
StreamedDec 6, 2023Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
How good are you at calculating deposit insurance?
Simple
individual accounts might be easy, but joint accounts can be dicey. Do you know
when accounts are added together? Which accounts have separate coverage? What
about trusts? Attend this timeless topic to get the goods on properly
calculating deposit insurance.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Maximize insurance coverage
- Use the FDIC’s deposit insurance calculator
- Define revocable trust account and eligible beneficiary
- Explain how to calculate insurance coverage for multiple ownership types
- Distinguish between accounts that are added together and accounts that have separate coverage
WEBINAR DETAILS
In today’s uncertain economic times, accountholders
are increasingly concerned about protecting their hard-earned savings. Your
bank may be offering some of the highest certificate rates in recent times in
order to draw in deposits for additional liquidity. Those two factors alone
have driven additional interest in ensuring deposits are fully insured. This
session will review the different types of account ownership, explain how
adding joint owners and beneficiaries increases coverage well beyond $250,000, and
review advertising and disclosure requirements for insured accounts.
WHO SHOULD ATTEND?
This informative session
is designed for tellers, account representatives, business development
specialists, marketing personnel, call center employees, staff responsible for
calculating and reporting insured deposits, compliance personnel, auditors, and
anyone with an interest in understanding how to get the most protection for
deposit accounts.
TAKE-AWAY TOOLKIT
- Sample calculations
- Internet resources
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Compliance Plus, Inc.
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