The Federal Deposit Insurance Corp. will hold six phone seminars starting Sept. 23 for bank officers and employees about deposit insurance coverage.
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The agency holds the trainings regularly, but they are of particular interest now following enactment of the Dodd-Frank Act, which made permanent the $250,000 coverage limit.
Four seminars will be on "Basic Deposit Insurance Coverage." The remaining will focus on more advanced coverage issues, including revocable trust accounts, fiduciary accounts, non-interest-bearing transaction accounts and the effect of bank failures on coverage.
The sessions will be held between Sept. 23 and Nov. 2.
