Seat Time: 0.75hrs
This course will instruct the learner on the purpose and responsibilities of the Federal Deposit Insurance Corporation (FDIC). The learner will become familiar with the different types of account ownership and account ownership categories. After completing this program, the learner will be able to:
- Recommend appropriate accounts for consumers based on their needs and desires.
- Apply FDIC regulations and procedures.
- Differentiate between insured deposits and uninsured deposits.
T1. The FDIC: This topic will provide the learner with the history and purpose of the Federal Deposit Insurance Corporation (FDIC) and will differentiate between those deposits that are insured, such as official checks, and those that are not, like mutual funds.
T2. Account Ownership: This topic will familiarize the learner with the different types of account ownership, such as single, joint, and government accounts.
T3. Account Ownership Categories: This topic will provide the learner with more detailed information regarding each category of account ownership.