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Home > Consumer Protection > Consumer News & Information > FDIC Consumer News - Spring 1998




FDIC Consumer News - Spring 1998

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.

Have a Safe Trip

Follow this roadmap to trouble-free travel, whether you’re going on a business trip or vacation

•    Don’t take along a lot of cash. Consider using traveler’s checks, ATMs and credit cards.
•    Don’t flaunt your cash, charge cards, jewelry, passport, etc.
•    At hotels and motels, consider keeping jewelry and other valuables in a safe.
•    Report a lost or stolen credit card immediately to limit your liability for unauthorized charges by a thief.
•    At airports, be on guard against thieves who target weary travelers (and their cash, credit cards and other belongings).
•    Carry a list of toll-free phone numbers for your bank and credit card companies, so you can report a lost item and get replacement cards or cash. Don’t list your account numbers, your Social Security number, PIN or other confidential numbers.
•    Ask a “guardian angel” back home — a trusted friend or neighbor — to pick up your mail and keep an eye on your house. Leave a copy of your itinerary so you can be reached in an emergency.

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Last Updated 08/03/1999 communications@fdic.gov

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