Navigation:  Customer Relationship Management Screens > Households Screen > Accounts tab > FDIC Type

Entry: User, alphanumeric

F/M: Yes

Mnemonic: NTFDIC

Screen: Customer Relationship Management > Households > Accounts tab

 

Use this field to indicate the FDIC type for the Account being added to the selected household (or the account selected in the Accounts list view).

 

This designation determines how account funds are vested for uninsured deposit amounts. This field is blank if the account a loan account or if your institution is not FDIC insured. Possible selections in this field are:

 

Single Ownership - 1

Joint Ownership - 2

Testamentary - 3

Single Revocable Trust - 4

Joint Revocable Trust - 5

Irrevocable Trust - 6

Retirement - 7

Held On Another's Behalf - 8

Business Accounts - 9

Government - 10

Employee Benefit Plans - 11