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FDIC Consumer News - Fall 2001

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 FDIC Insurance
 Illustration of a scale with bags of money on it. The scale weighs if money is FDIC insured or not. This image is showing that the money being weighed is not insured.
Special Report: Are You Sure You're Fully Insured?
If your bank were to fail, would all your deposits be covered by the FDIC? Here's what you need to know and do to "insure" your money is safe.
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    For More Information About FDIC Insurance

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
Graphic Design & Illustrations

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
FDIC, 550 17th Street, NW
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
Phone: (800) 276-6003 or (703) 562-2200
E-mail: publicinfo@fdic.gov
Fax: (703) 562-2296

 
Last Updated 11/23/2001 communications@fdic.gov

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