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



FDIC Consumer News - Fall 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.

Wanted: Your Questions
Is something bugging you about the Year 2000 computer bug? Or do you have Y2K tips you’d like to pass along to other bank customers?
As you can tell from this special edition of our quarterly newsletter, the FDIC wants to help bank customers understand and prepare for the Year 2000 situation. You can help us help other consumers by sending us your questions and concerns. We’ll share your letters with the FDIC’s Year 2000 experts. And, if you have tips to pass along, we’re glad to have them. The best questions and suggestions also may appear in a future issue of
FDIC Consumer News.		 Please write to: Jay Rosenstein, Editor, 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 include your name, address and phone number in case we need to follow up with you. However, no names will appear in print without your permission.

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Last Updated 02/15/2001 communications@fdic.gov

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