Course description

Community Banker, you are in the right position to inform and reassure your customers about FDIC Insurance.  How?   With proper signage, and by listening to their concerns and providing clear, reliable answers.  You can assure them with accurate facts & figures specific to their situation.

To do this, you must have knowledge and confidence in how FDIC Insurance works, and how to find the right amount of coverage for any given customer.  You also need to know about the deceptive claims being made in the marketplace, so that you differentiate yourself as an institution of trust and confidence to your customers.

The FDIC has modernized its Official Signs and Advertising requirements to more fully address deposits made in the modern age – i.e. at ATMs, ITMs (Interactive Teller Machines), online banking, and mobile apps. In addition, the FDIC is cracking down on entities that deceptively misrepresent deposit insurance.  Learn all the details and how it WILL affect your bank!

Now is the time to dust off your understanding of all things related to FDIC Insurance.  

Learn:

  • The big picture, in a world of digital bank runs, digital deposits, and digital imposters
  • What FDIC Insurance covers
  • What is does NOT apply cover
  • Breaking down what these $250,000 coverage criteria fully mean:
    1. “Per depositor”
    2. “Per insured bank”
    3. “Per ownership category”
  • Structuring:  it’s a good thing!  How that $250,000 coverage can be purposefully set up to achieve millions in coverage for consumer depositors
  • How to use the EDIE tool, with examples 
    1. Invaluable:  Completing this tool with a customer and handing them an FDIC printout with coverage for their unique situation
  • NEW in 2025!!  FDIC requirements with effective dates of 1/1/2025 and 5/1/2025
    1. Mandatory signage for insured deposits
    2. Mandatory signage for non-deposit products
    3. How advertising signage fits ins
    4. NEW! Mandatory policy and procedure requirements

 

WHO SHOULD ATTEND:  Compliance officers, front line staff (customer service and tellers), teller managers, operations officers, lenders, and anyone who faces bank customers. 

 

Instructor(s)

Rebekah Leonard, CRCM

Rebekah F Leonard, CRCM Rebekah is the owner of Elucidate LLC, a compliance training and consulting company. Elucidate means to “make clear, explain, throw light upon”, and describes Rebekah’s desire to illuminate the complexities of compliance with passion and fun. She’s created and produced a TRID music video parody and several Compliance Breakout escape rooms, which she frequently provides at state banking compliance conferences. She is an accomplished speaker and regularly provides webinars through BOL and Compliance Resource. Rebekah is currently serving as the VP Director of Compliance for a $6 Billion community bank in Montana. She began her career in 1995 at a private lending company, but soon settled into banking, where she’s covered nearly all of it – customer service and teller work, loan processing and review, BSA, and security and business continuity. She now oversees CRA and all aspects of compliance as a senior leader. She has successfully navigated numerous FDIC Compliance, CRA, and BSA Exams. Rebekah has a bachelors’ degree in Organizational Leadership from Chapman University (Magna cum Laude), attended the American Bankers Association National Compliance School in 2003, and has held her Certified Regulatory Compliance Manager designation since 2006. She is a BOL Compliance Guru.

Course curriculum

  • 1

    All About FDIC Insurance - with New 2025 Requirements!

    • Watch Live Course

    • Where to Go With Audio or Connection Issues

    • Questions for Speaker?

Reviews