Deposit

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Given increased pressure on the banking system, the FDIC raised its deposit insurance premiums on January 1 in order to replenish its own reserves. An additional rate hike is schedule to take effect in 2Q 2009. For many federally insured institutions, these effectively mandatory premiums are tripling or even quadrupling. While some are passing the expense to depositors, others have voiced concerns that it will be impossible to recoup all their costs in this way.

In this LIVE Webcast, some of the banking industry’s great minds share their sense of the best practices out there for managing FDIC premiums in a competitive environment. Topics addressed include the “large bank method” and other new provisions in the risk based assessment system as well as the prospect that additional bank failures may push premiums even higher.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 093829
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Deposit Insurance and Risk Based Assessments live webcast:


  Event Talking Points (click here to view more)
SEGMENT 1:


Ike Jones, Vice President and Senior Legislative Counsel,
Independent Community Bankers of America (ICBA)

- FDIC Assessments in 2009
- Assessment Base for Special Assessment
- Systemic Risk Assessment

SEGMENT 2:


Nicholas J. Ketcha, Jr., Managing Director,
FinPro, Inc.

- The effect of CAMELS rating
- Funding Choices Can Cost You
- Planning Implications
- Capital is King

SEGMENT 3:


John L. Douglas, Partner, Corporate Department,
Paul Hastings

Stresses on the fund and impending increases in deposit insurance costs
- increases in failures, the problem bank list, etc.
- costs of the failure resolution process
- issues and exposure through the TGLP, PPIP and other FDIC backstops
- special assessments and changes in assessment calculation methodologies.



Independent Community Bankers of America (ICBA)
Ike Jones
Vice President and Senior Legislative Counsel
speaker bio »»

FinPro, Inc.
Nicholas J. Ketcha, Jr.
Managing Director
speaker bio »»

Paul Hastings
John L. Douglas
Partner, Corporate Department
speaker bio »»

Who Should Attend?

- Financial Executives
- Bank Directors
- Legal and Compliance Officers
- General Counsels
- Branch Managers
- CPA's

Why Attend?

This is a must attend event for anyone interested in having clear understanding on deposit insurance and risk based assessments.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Deposit Insurance and Risk Based Assessments
Speaker Firms and Organization:







 

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