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Home > Consumer Protection > Consumer News & Information > FDIC Consumer News - Spring 2003




FDIC Consumer News - Spring 2003

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.

Special Report on Fraud

Illustration of a 'To Do' list with phone, credit cards, computer monitor, and paper shredder are in the background. The list reads: protect SSN, guard credit/debit card numbers, keep PINs and passwords confidential, be careful with unsolicited calls and emails, remember: some Web sites are frauds, shed sensitive material before tossing, protect incoming and outgoing mail, review bank credit card statements ASAP, monitor credit reports for fraud. Fighting Financial Fraud: How to Shield Yourself from Swindles
A guide to help you defend against an array of scams involving checks, credit cards, ATMs, the Internet and other bank products and services
    Related Articles

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    Ten Simple Things You Can Do to Fight Fraud

    Paying Extra for ID Theft Protection? Consider Costs vs. Benefits

    Who to Call to Report a Financial Crime

    Federal Laws Protecting You Against Fraud

    Does the FDIC Cover Losses Due to Fraud?

    A Final Exam on Financial Fraud

    For More Information About Fighting Fraud

    For General Information from Financial Regulators

FDIC Consumer News is published by the
Federal Deposit Insurance Corporation

Donald E. Powell
Chairman

Phil Battey
Director
Office of Public Affairs (OPA)

Elizabeth Ford
Assistant Director, OPA

Jay Rosenstein
Senior Writer-Editor, OPA

Tommy Ballard
Illustration

Mitchell Crawley
Graphic Design

FDIC Consumer News is produced by the Office of Public Affairs, in cooperation with other FDIC Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC 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. Please credit material used to FDIC Consumer News.

See other issues of FDIC Consumer News online.

Electronic: To receive e-mail notification of new issues posted to the FDIC Web site, with links to stories, follow instructions posted on www.fdic.gov/about/subscriptions/index.html.

Other consumer information on the Internet is available at the FDIC Web site


Send comments, 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

Subscriptions
Subscriptions are available free of charge. Send subscription requests and address changes to:

FDIC Public Information Center
801 17th Street, NW
Room 100
Washington, DC 20434
Toll-free phone: (877) 275-3342 or (703) 562-2200 (Washington area)
E-mail: publicinfo@fdic.gov
Fax: (703) 562-2296

 

Last Updated 06/18/2003 communications@fdic.gov

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