FDIC Insurance: What Has Changed and What is the Same

Terri D. Thomas


Terri D. Thomas is Senior VP and Legal Department Director for the Kansas Bankers Association. Prior to this, she was with "Bankers Choice," a financial consulting firm. Before this, Terri was employed in the financial industry for over twenty-three years in various capacities. Most notably, she served for fourteen years as in-house legal counsel and trust officer for Bank of America and its Kansas predecessors. Receiving her Bachelor of Arts degree from Kansas State University in 1985, Terri continued her education at Washburn University School of Law and obtained her Juris Doctor in 1988. Presently, she serves as an adjunct instructor at Washburn University School of Law and the University of Kansas School of Law and is a frequent seminar presenter for financial associations.
Wednesday, October 29th, 2008
10:00 am - 12:00 pm CT
New limits on FDIC Insurance coverage and new calculations for POD and revocable trust accounts makes it critical that you are familiar with all that is new. The recent economic problems being reported in the press daily has reminded bankers and depositors alike of the importance of understanding how FDIC deposit insurance coverage works. Furthermore, with all of the inaccurate information being publicized, it is more important than ever before to know the ins and outs of FDIC insurance coverage. Proper explanation of account structuring can reassure your customers and keep deposits in your bank. Make sure to attend this “Hot Topic Series” Webinar to review the FDIC insurance coverage rules so that you are armed with the information you need to address depositor concerns.

This webinar will provide attendees with information on the following FDIC insurance issues:

  • New $250,000 limits explained
  • Revised calculations for POD and revocable trust accounts
  • Basic insurance coverage rules
  • Totten trusts and retirement accounts
  • Pass-thru insurance rules
  • Bank products and investments not protected by FDIC insurance
  • The role a banker should play in assisting customers with insurance calculations

Who Should Attend?

Anyone in the financial institution who interacts with customers or has any dealings with the FDIC would benefit from this webinar.
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