1. FDIC Insurance KNOWLEDGE. CLARITY. RELIABILITY.
(888)

2. Agenda
Scope
Insurance Sign
Advertising
Ownership Types

3. Money Market Deposit Accounts
Coverage
Checking Accounts
NOW accounts
Savings Accounts
Money Market Deposit Accounts
Time Deposits
Cashier’s Checks
Money Orders

4. Where deposits are received
FDIC insurance
Where deposits are received
7” x 3”
Black & Gold

5. Advertising Patronage Name of Bank Deposit Products NDIP
Promotion Items
Stationary

6. Non-Deposit Investment Products
FDIC Prohibited
Non-Deposit
Insurance Products
Annuities
Mutual Funds
Securities
Credit Products
Hybrid Products

7. Types of Ownership Single Joint Retirement Accounts
Revocable Trust Account
Irrevocable Trust Account
Employee Benefit Plan
Corporation/Partnership
Government Account

8. Separately Chartered Banks
General Rules
Type of Account x $250k
Aggregated Per Person
Interest
Separately Chartered Banks

9. Death of Accountholder
Special Situations
Death of Accountholder
Bank Merger
Sweep Accounts
IOLTA Accounts

10. Single Accounts Consumer Commercial Convenience Account
Community Property

11. Joint Account $250k per person Natural Persons Signature Card
Owned Equally

12. Revocable Trust Accounts
POD
Beneficiaries x $250k
5+ persons
Non-Contingent

13. Retirement Accounts
Self-Directed
IRAs
401k
SEP Plans
$250k x owner

14. Employee Benefit Plans
$250k x participant
Non-Contingent
Contingent = $250k x account

15. Unincorporated Associations
Legal Entity Accounts
Corporation
Partnerships
Unincorporated Associations
$250k x company

16. Government Accounts $250k x Federal Time Accounts State
Savings Accounts
Deposit Accounts
Federal
State
Local

17. Annuity Contracts
Separate
Corporate Liability
Creditors

18. Records Account Ownership Good Faith Ordinary Course of Business
Negotiable Instruments

19. Scenarios 1-3
PGS. 6-7