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ABA Banking Journal, American Bankers Association’s Official Monthly Magazine, Named Media Sponsor for GKC’s Event on FDIC Deposit-Insurance Fund New Regulatory Changes


New York, NY, December 01, 2006 --(PR.com)-- The Global Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that ABA Banking Journal, the official monthly magazine of the American Bankers Association since 1908, will be a media sponsor for the upcoming teleconference on “New Regulatory Changes in the FDIC Deposit-Insurance Fund & Its Impact on Financial Institutions," 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 Global Knowledge Congress has assembled a panel to help make sense of it and how it will affect your bank. The panel will present their findings including a best practices segment at a two-hour teleconference scheduled for January 2007. 

About ABA Banking Journal

ABA Banking Journal helps bankers become more profitable, competitive and efficient. As the official monthly magazine of the American bankers Association since 1908, every month ABA Banking Journal provides entrée to banking's inner circles, and unrivaled access to the developments and behind-the-scenes information that are shaping and reshaping the banking industry. Free subscriptions are available for US commercial and saving bank executives. Go to www.ababj.com and click the subscription link. Others may use this link for money-savings subscription offers.

For questions concerning editorial or advertising, please contact the publisher, Gus Blumberg at gblumberg@sbpub.com.

For more information about ABA Banking Journal, please visit: www.ababj.com

About The Global Knowledge Congress

The Global Knowledge Congress is an organization which produces teleconferences that examine regulatory changes and business trends 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 and industry trends.” To contact or to register to an event, please visit: http://www.knowledgecongress.org

Thomas LaPointe, Jr., Executive Director
tlapointe@knowledgecongress.org
Therese Lumbao, Director, Account Management & Member Services 
tlumbao@knowledgecongress.org

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

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Contact Information
The Global Knowledge Congress
Thomas LaPointe, Jr., Executive Director
646-202-9344
Contact
www.knowledgecongress.org
Therese Lumbao
Director, Account Management & Member Services
tlumbao@knowledgecongress.org

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