Peer Review

FDIC Electronic Deposit Estimator (EDIE)

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Content Quality:

Effectiveness:

Ease of Use:

Overview:: This site helps individuals and businesses determine whether they have exceeded the Federal Deposit Insurance Corporation's deposit insurance limits at any one bank. A series of six tutorials are included to help individuals understand how to use the estimator.
Type of Material:: Tutorial
Recommended Uses:: Homework; in class
Technical Requirements:: Java Applet
Identify Major Learning Goals:: To better understand coverage of deposits under FDIC insurance and become familiar with banking terminology including various types of accounts.
Target Student Population:: High School, College General Ed, College Lower Division, College Upper
Prerequisite Knowledge or Skills:: None

Rating:
Strengths:: This module is clear, concise, and complete. It summarizes and integrates concepts well. The extent of the content included is impressive with current coverage of the Dodd-Frank Act found in the glossary and the section labeled Summary of Changes. The site can be used to demonstrate terminology through the use of the glossary, as well as different scenarios to ensure that customer deposits are safe. Also, has a very nice inclusion of government and commercial accounts.

Rating:
Strengths:: The module identifies learning objectives, limitations, reinforces concepts progressively, facilitates assignment development, and is very efficient. The site would be very useful for creating what-if scenarios with the benefit of not having to disclose personal information.
Concerns:: None

Rating:
Strengths:: The EDIE Estimator module is self-explanatory and easy to use. The components of the site function as intended. The plausible scenarios portrayed foster interactivity making the materials very engaging. Visual appeal is also excellent.
Concerns:: None

Other Issues and Comments:: Users will find the tutorials and frequently asked questions, including glossary, very beneficial. One useful application of EDIE would be for anyone who might be moving to a location in another state to look up banks in a selected city. The bank lookup feature within EDIE affords this possible application.
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