FDICIA Seminar - Virtual 


Apr 20 - Apr 21, 2022

The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) was enacted in 1991 to implement regulatory changes that assist in ensuring safety and soundness of financial institutions.

Bankers should understand the requirements if their institution is approaching the $500 million or $1 billion thresholds considering crucial planning and realistic timelines. We’ll cover the key facts about FDICIA including auditing and enhanced reporting requirements as well as audit committee responsibilities.  

Next we’ll look at the steps to take in order to successfully implement FDICIA to satisfy audit and regulatory guidelines including: 

  • Monitoring and preparing for implementation 

  • Reviewing internal controls and devising an action plan 

  • Establishing key controls and determining a testing methodology  

  • Obtaining the necessary skills and resources for implementation 

  • Anticipating the costs and budgeting for FDICIA Compliance 

  • Engaging your audit committee in fraud prevention 

  • Determining the correct technology to assist with compliance.

Wednesday, April 20

9:00 a.m. - 10:20 a.m.                         
Preparing for FDICIA across all asset sizes – Obtaining a FDICIA understanding and detailing the requirements for $500 million and $1 billion thresholds

10:20 a.m. – 10:30 a.m.                      

10:30 a.m. – 11:30 a.m.                      
Monitoring and preparing for implementation, obtaining the necessary skills and resources for implementation, and devising an action plan

11:30 a.m. – Noon                      
Phase 1 of Implementation – Scoping/Materiality 

Noon – 12:30 p.m.                       

12:30 p.m.– 1:30 p.m.                        
CASE STUDY/Scoping and Materiality Example

1:30 p.m. – 2:30 p.m.                          
Phase 2 of Implementation – Documentation of Design: Identification of controls and walkthroughs

2:30 p.m. – 2:45 p.m.                         

2:45 p.m. – 4:30 p.m.                         
Phase 2 of Implementation (continued) - identifying control deficiencies, developing a deficiency (gap) tracker, determining key controls
Thursday, April 21

9:00 a.m. –10:20 a.m.                         
Phase 3 of Implementation – Execute Effectiveness Testing

10:20 a.m. –10:30 a.m.                      

10:30 a.m. –11:00 a.m.                      
Engaging employees, management, and governance in the testing process

11:00 a.m. –Noon                    
Determining the correct technology to assist with compliance and anticipating the costs and budgeting for FDICIA compliance

ICBA Member Early-Bird: $595
ICBA Member after March 18, 2022: $695
Non-Member: $795
Non-Banker: $1,195 

Bank Director Program ICBA Member: $495
Bank Director Program Non-Member: $595

NOTE: Registration fee is valid for one connection, only for the individual registered. Full payment is required prior to attendance.  For more information, call 800-422-7285. 


Avatar Woman
Mackenzie Rooney



Avatar Woman
Erica Kottabi



Who Should Attend: Directors, C-Suite/CFO, Auditors, Compliance Officers, Operations
Prerequisites: Basic knowledge of FDICIA reporting requirements.
Advanced Preparation: None
Program Level: Intermediate 
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based
If registration is cancelled more than 30 days prior to the event start date, you will receive a full refund. If cancellation is within 30 days prior to the event start date, 20 percent of the registration fee paid will be deducted for costs. A substitute registration will be accepted. No refunds will be issued after the event start date.
Attendance at all ICBA programs will be considered on a first come, first served basis. If the program is cancelled, ICBA’s liability is limited to the registration fee. For additional questions contact ICBA at 800-422-7285.
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