Agency plans webinars on deposit insurance coverage over next six months

Webinars on federal deposit insurance for banks – held in the wake of the recent failures of three large regional banks, and a resulting special assessment to cover uninsured deposits at those banks – are planned by the insurance agency over the next six months.

The Federal Deposit Insurance Corp. (FDIC) said late Wednesday that the five, live seminars – scheduled between May 24 and Oct. 16, lasting for about 90 minutes each – are targeted at bank staff and officers. They will offer, the agency said a broad overview of FDIC deposit insurance rules.

However, the webinars cover two specific areas, the agency said. The first, for three sessions, will look at deposit insurance rules generally, covering such topics as the general principles of coverage, ownership categories and requirements, and provide information on additional deposit insurance resources. Those sessions will be held on May 24 (at 4 p.m.), June 12 (at 5 p.m.) and July 19 (at 3 p.m.), all ET.

The second, for the remaining two sessions, will cover the newly issued final rule for calculating coverage for all revocable and irrevocable trust accounts. The sessions will be Sept. 14 (at 2 p.m.) and Oct. 16 (at 3 p.m.), both ET.

Deposit Insurance | Banker Webinar – FDIC