5.3.4.1 Insurance Calculation
Insurance calculation and the Standard Maximum Deposit Insurance Amount (SMDIA) for Non Contingent Interests are applied at:
Legal Entity/Separately insured branch- Ownership Right and Capacity-Customer-
Account Participant level
For EBP, this translates to:
Legal Entity/Separately insured branch- EBP-Employer- Employee Benefit Plan
Participant level
Insurance calculation and the Standard Maximum Deposit Insurance Amount (SMDIA) for Contingent interests are applied at:
Legal Entity/Separately insured branch- Ownership Right and Capacity-Customer
level
For EBP, this translates to:
Legal Entity/Separately insured branch- EBP-Employer level