Participants in this course will be given and overview of Federal Deposit Insurance Corporation (FDIC) insurance coverage of accounts. Individual and joint account ownership types and aggregation of accounts will be discussed as they relate to insurance coverage. Participants will be given examples of insurance coverage calculations using individual and joint ownership categories.
| Price |
$130 Nonmembers / $95 Members |
| Course Credits |
AIB: 0 ; ICB: 1.0 (CRCM) |
| Prerequisites |
None |
| Required Software |
None |
| Optional Software |
Adobe Acrobat Reader and RealPlayer |
Audience
All employees with customer contact
Learning Objectives
After completing this course, students will be able to:
- Explain the background of the Federal Deposit Insurance Corporation
- Describe the purpose of the Federal Deposit Insurance Corporation
- List the types of deposits that are and are not insured by Federal Deposit Insurance Corporation deposit insurance coverage
- Identify the general rules for insurance coverage.
- Provide examples of the different types of rules used for individual and joint ownership accounts.
- List some basic rules for determining the amount of Federal Deposit Insurance Corporation insurance coverage
- Recognize examples of Federal Deposit Insurance Corporation insurance coverage for the same ownership category and for different owners in the same ownership category
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