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Agenda Scope Insurance Sign Advertising Ownership Types
Money Market Deposit Accounts Coverage Checking Accounts NOW accounts Savings Accounts Money Market Deposit Accounts Time Deposits Cashier’s Checks Money Orders
Where deposits are received FDIC insurance Where deposits are received 7” x 3” Black & Gold
Advertising Patronage Name of Bank Deposit Products NDIP Promotion Items Stationary
Non-Deposit Investment Products FDIC Prohibited Non-Deposit Insurance Products Annuities Mutual Funds Securities Credit Products Hybrid Products
Types of Ownership Single Joint Retirement Accounts Revocable Trust Account Irrevocable Trust Account Employee Benefit Plan Corporation/Partnership Government Account
Separately Chartered Banks General Rules Type of Account x $250k Aggregated Per Person Interest Separately Chartered Banks
Death of Accountholder Special Situations Death of Accountholder Bank Merger Sweep Accounts IOLTA Accounts
Single Accounts Consumer Commercial Convenience Account Community Property
Joint Account $250k per person Natural Persons Signature Card Owned Equally
Revocable Trust Accounts POD Beneficiaries x $250k 5+ persons Non-Contingent
Retirement Accounts Self-Directed IRAs 401k SEP Plans $250k x owner
Employee Benefit Plans $250k x participant Non-Contingent Contingent = $250k x account
Unincorporated Associations Legal Entity Accounts Corporation Partnerships Unincorporated Associations $250k x company
Government Accounts $250k x Federal Time Accounts State Savings Accounts Deposit Accounts Federal State Local
Annuity Contracts Separate Corporate Liability Creditors
Records Account Ownership Good Faith Ordinary Course of Business Negotiable Instruments
Scenarios 1-3 PGS. 6-7