The FDIC plans to host a series of free teleconferences on a number of important topics relevant to FDIC-insured institutions.
1. The first in a series of teleconferences focusing on compliance and consumer protection issues will cover the topic of Mortgage Loan Originator compensation under the Truth in Lending Act. Questions about the new MLO compensation restrictions under TILA have caused significant concerns in the industry. This teleconference will take place on February 21, 2012. Questions for the presenters can be submitted in advance of the teleconference. Interested parties should register online before February 15, 2012.
2. A series of fifteen teleconferences will be held this year on the topic of deposit insurance coverage. Twelve sessions will provide a comprehensive overview of deposit insurance coverage rules. Three sessions will focus on rules applicable to revocable trust account holders with trust deposits at a bank exceeding $1,250,000. The first teleconference in this series will take place on February 15, 2012. Interested parties should register online at least two days before the teleconference.
3. An all-day conference entitled “The Future of Community Banking” will be held on February 16, 2012. The conference agenda will focus on the role that community banks play in the economy and their unique challenges and opportunities. Although attendance at the conference is invitation only, the conference will be webcast and archived on the FDIC’s website.