FIL-17-2015
April 17, 2015
Revised April 21, 2015
Industry Call Regarding Guidance on Identifying, Accepting, and Reporting Brokered Deposits
This FIL was updated on April 21, 2015, to include a new call-in number and passcode.
Summary:
The FDIC is hosting an informational call for FDIC-insured institutions on April 22, 2015, at 1:00 p.m. EDT to discuss the Brokered Deposit Frequently Asked Questions (FAQs) issued in FIL-2-2015.
Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all insured depository institutions.
Highlights:
- During this call, FDIC staff will discuss and respond to questions received about the FAQs contained in FIL-2-2015, which provide guidance on identifying brokered deposits, accepting deposits, listing services, and other brokered deposit-related matters.
- The call is scheduled for Wednesday, April 22, 2015, from 1:00 p.m. to 2:00 p.m. EDT. To access the call, dial (800) 369-1909 and enter passcode 2237902#.
- A Power Point presentation will be posted on the FDIC’s Conferences & Events Web site the morning of the call.
- Brokered deposit determinations are very specific to particular deposits and programs. Therefore, we encourage questions to be submitted in advance of the call via email to [email protected]. Please reference “Brokered Deposit FAQs” in your email.