FDIC Insurance, Signage and Final Rules

FDIC Insurance matters!  This has especially proven true between the failure of some prominent banks and the rise of posers that deceptively claim to offer FDIC Insurance to their customers.

The astonishing 2023 failures of SVB and Signature Bank made numerous bank customers worried about their money.  Many banks had customers asking if their money was safe with the bank, and some withdrew it all in fear.

At the same time, customers increasingly deposit their money digitally.  It is easy to deposit a check or transfer funds via online banking or smartphone, and many people never step foot into a physical bank – thereby never seeing the prominent gold and black signage for FDIC Insurance.

PLUS! Non-banks are entering the market and competing for deposit dollars.  Some fraudulently say deposits are insured when they aren’t. This has created a strange brew of confusion and uncertainty – the worst thing for a safe and sound banking system.  In response, the FDIC acted, creating new requirements that mostly took in 2025.  However, some requirements have been pushed off until April 1, 2027.

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.

Topics covered in this course

• The big picture, in a world of digital bank runs, digital deposits, and digital imposters
• What FDIC Insurance covers
• What it does NOT cover
• Breaking down what these $250,000 coverage criteria fully mean:
• Per depositor
• Per insured bank
• 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
• Invaluable:  Completing this tool with a customer and handing them an FDIC printout with coverage for their unique situation
• NEW – some happened in 2025 and some were just finalized for 2027! Learn what (and when!) these FDIC requirements apply: 
• Mandatory signage for insured deposits (including electronically)
• Mandatory signage for non-deposit products (including electronically)
• Mandatory policy and procedure requirements
• How advertising signage fits in

Who Should Attend

• Compliance officers
• Front line staff (customer service and tellers)
• Teller managers
• Operations officers
• Lenders
• Anyone who faces bank customers