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FDIC Consumer News

Important Update: FDIC Insurance Coverage Increased in Late 2008

In the fall of 2008, Congress temporarily increased the basic FDIC insurance coverage limit from $100,000 to $250,000 through December 31, 2009. In addition, the FDIC simplified the rules for the calculation of deposit insurance coverage for revocable trust deposits, including an expanded definition of the "eligible beneficiaries" for additional insurance coverage. As a result, certain previously published information related to FDIC insurance may not reflect the current insurance coverage. For more information, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342) Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern Time. For the hearing-impaired, the number is 1-800-925-4618.

Fall 2006

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Find current and past issues of FDIC Consumer News at www.fdic.gov/consumernews. Refer to this same index to locate the issues that are specially formatted for being reprinted in any quantity.

To receive an e-mail notice about each new issue of FDIC Consumer News posted on the FDIC Web site, with links to stories, follow instructions posted at www.fdic.gov/about/subscriptions/index.html.

Send your story ideas, comments, and other suggestions or questions to:

    Jay Rosenstein, Editor
    FDIC Consumer News
    550 17th Street, NW
    Room 7100
    Washington, DC 20429
    E-mail: jrosenstein@fdic.gov
    Fax: (202) 898-3870

For More Information from the FDIC

Go to www.fdic.gov or call toll-free 1-877-ASK-FDIC – that's 1-877-275-3342 – Monday through Friday 8:00 a.m. to 8:00 p.m., Eastern Time.

Avoiding Costly Banking Mistakes: No Trivial Pursuit
Here are clues to preventing expensive errors with your checking account, credit card or other financial services. After all, this isn't play money!

Fraud Alert

    Fraudulent E-Mails Claim to Be From the FDIC

    Beware of Phone-Based "Vishing" Scams

    New Safety Procedures for Internet Banking

News Briefs

    Update on Higher Coverage for Retirement Accounts

    New Law Promotes Retirement Savings

    New Options for Direct Deposit of Tax Refunds

    Guide for Seniors Wins Consumer Award

A Shopping List: Money Tips for the Holidays...and Year-Round


FDIC Consumer News is published by the Federal Deposit Insurance Corporation

Sheila C. Bair
Chairman

Elizabeth Ford
Assistant Director,
Office of Public Affairs (OPA)

Jay Rosenstein
Senior Writer-Editor, OPA

Mitchell Crawley
Graphic Design

FDIC Consumer News is produced quarterly by the FDIC Office of Public Affairs in cooperation with other Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC or other government regulations and policies. Mention of a product, service or company does not constitute an endorsement.

This newsletter may be reprinted in whole or in part without permission from the FDIC. Please credit FDIC Consumer News.

Fall 2006 - Color PDF 7,338k (PDF Help)
Fall 2006 - B&W PDF 3,427k (PDF Help)
Original printing done using PMS 2935 (blue) and black on 60lb. smooth opaque paper stock.


 


Last Updated 11/08/2006

communications@fdic.gov

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