The Global Knowledge Congress Has Scheduled a Teleconference on New Regulatory Changes in the FDIC Deposit-Insurance Fund & Its Impact on Financial Institutions on 01/07

New York, NY, November 14, 2006 --(PR.com)-- The Global Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that it has scheduled a teleconference on “New Regulatory Changes in the FDIC Deposit-Insurance Fund & Its Impact on Financial Institutions”. The event is tentatively scheduled on January 4, 2007 at 11:00 AM EST.

As a widely anticipated consequence of legislation passed in Congress, the FDIC’s board recently voted to approve an increase of annual premiums. The new premiums, which range from .005% to .007% of a bank’s insured deposits, are higher then the anticipated .01% to .03% increase. Furthermore, the premiums will differ among banks depending on a number of factors including:

Supervisory rating
Financial ratios
Debt ratios (larger banks)

To help untangle the confusion surrounding this legislation, The Knowledge Congress has assembled a panel of experts to help make sense of it and how it will affect your bank or financial institution. The panel will present their findings including best practices segment at a two-hour teleconference scheduled for December 2005.

About The Global Knowledge Congress

The Global Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact, please visit: http://www.knowledgecongress.org

Tom LaPointe, Executive Director
tlapointe@knowledgecongress.org 

Therese Lumbao, Director, Account Management & Member Services

The Global Knowledge Congress
Phone: 646.202.9344
Fax: 646.219.5381
http://www.knowledgecongress.org

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