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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.

Calling All Crime Solvers: Tell Us Your  Stories

We’re gathering information about how “average citizens” stop frauds and thefts involving bank accounts, credit cards, checks and so on. We want to know about unsung heroes who noticed something odd, reported it to the authorities or the bank, and learned later that a crime was thwarted. We’re also interested in any additional crime-fighting tips not mentioned in this issue of FDIC Consumer News. The best stories and suggestions may appear in a future issue.

Please send your stories (including any newspaper clippings or other supporting material) and your words of wisdom by September 1, 1998 to: Jay Rosenstein, FDIC Consumer News, 550 17th Street, NW, Washington, DC 20429. The e-mail address is jrosenstein@fdic.gov. Our fax is (202) 898-3870. Please also include your name, address and phone number. No names will appear in print without permission.

MAN DRESSED IN ARMOUR STANDING BY A DRAGON  

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Last Updated 08/02/1999 communications@fdic.gov


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