The Knowledge Congress Has Scheduled a Live Webcast on Deposit Insurance and Risk Based Assessments
Jersey City, NJ, March 18, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcast recently announced that it has scheduled a live webcast on “Deposit Insurance and Risk Based Assessments”. This two-hour event is scheduled on Tuesday, June 16, 2009, at 12:00 PM to 2:00 PM (ET – New York).
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.
Speakers/Faculty Panel
John L. Douglas, Partner, Corporate Department, Paul Hastings
Nicholas J. Ketcha, Jr., Managing Director, FinPro, Inc.
Ike Jones, Senior Legislative Counsel, Independent Community Bankers of America (ICBA)
For more information on the event please visit: http://www.knowledgecongress.org/event_2009_deposit.html
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
To contact or to register to an event, please visit: www.knowledgecongress.org.
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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.
Speakers/Faculty Panel
John L. Douglas, Partner, Corporate Department, Paul Hastings
Nicholas J. Ketcha, Jr., Managing Director, FinPro, Inc.
Ike Jones, Senior Legislative Counsel, Independent Community Bankers of America (ICBA)
For more information on the event please visit: http://www.knowledgecongress.org/event_2009_deposit.html
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
To contact or to register to an event, please visit: www.knowledgecongress.org.
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Contact
The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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