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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.

An image of man using the ATM. Winter 2004/2005

You Can Simplify Your Financial Life
How to save time, reduce stress and eliminate clutter...and maybe even save more money.
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Expecting a Tax Refund? Beware of Costly Loans and Other Pitfalls

New Studies Highlight Different ID Thefts

Wanted: Your Thoughts About Senior Citizens, Young Adults and Money

News Briefs

The FDIC Always Pays 100 Percent of Insured Deposits if a Bank Fails

For More Information


FDIC Consumer News is published by the Federal Deposit Insurance Corporation

Donald E. Powell
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 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 without permission from the FDIC. Please credit material used to FDIC Consumer News.

 
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.

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
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.

Consumer information from the FDIC is available at www.fdic.gov and from the 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

 


Winter 2004/2005 - PDF 654k (PDF Help)



Last Updated 02/14/2005
communications@fdic.gov

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