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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.

Winter 2005/2006

 
 
FDIC Consumer News has published two how-to guides to money management for selected age groups. The one for senior citizens and their families is online at http://www.fdic.gov/consumers/consumer/
news/cnfall05/index.html. The other, for young adults (including those just beginning a career or family and others still in college or high school), is at http://www.fdic.gov/consumers/consumer/
news/cnspr05/index.html.

Fires, Floods and Other Misfortunes: Are You Prepared Financially?
Disasters can impair your ability to conduct day-to-day money matters. This guide can help you plan appropriately.

    Related Articles:

    Consumer Alert: Beware of Disaster-Related Financial Scams

    Banks Are Required to Prepare for Disasters

Safe Online Banking, Shopping and Bill Paying: Our Latest Tips on Services Protecting Consumers

    Related Articles:

    FDIC Web Presentation: How to Prevent Online ID Theft

    Coming Soon to Internet Banking Customers: New Procedures for Verifying that "You are You"

    For More Information About Preventing Internet Fraud

Increase in $100,000 Limit Under Consideration for Retirement Accounts

Expanded FDIC Insurance for College Savings Accounts

Reminder: Deposited Checks Subject to Temporary "Hold"


FDIC Consumer News is published by the Federal Deposit Insurance Corporation

Martin J. Gruenberg
Acting Chairman

DJ Nordquist
Director,
Office of Public Affairs (OPA) and
Deputy Chief of Staff

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.

Winter 2005/2006 - Color PDF 153k (PDF Help)
Winter 2005/2006 - B&W PDF 169k (PDF Help)
Original printing done using PMS 485 (red) and black on 60lb. smooth opaque paper stock.


 

Find current and past issues of FDIC Consumer News at www.fdic.gov/consumers/consumer/news/. 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.


 

 


Last Updated 02/02/2006
communications@fdic.gov

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