The failure of Silicon Valley Bank and others in the spring of 2023 caused bank depositors around the country to as “Are my deposits safe?” This webinar will provide an explanation of how Federal Deposit Insurance Corporation (FDIC) deposit insurance works, why it covers what it does and why it does not cover all deposits, options for maximizing deposit insurance coverage and reducing exposure to a bank should it fail, including the use of sweep vehicles. The webinar will also cover the bank regulators’ response to the recent bank failures and bank regulatory developments since then.
This program is aimed at new lawyers and law students, as well as other seasoned attorneys looking to become more familiar with FDIC deposit insurance and to be prepared for any future market disruptions.
Questions? Inquiries about program materials? Contact Trenon Browne at tbrowne@bostonbar.org
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