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FDIC Consumer News - Summer 1999

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: Crime Stories


We're gathering information about how "average citizens" stop frauds and thefts involving bank accounts, credit cards, checks, etc. The best stories and crime-fighting tips may appear in a future issue.

Please send your stories (including any newspaper clippings or other supporting material) by December 1, 1999, 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 include your name, address and phone number. No names will appear in print without permission.

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Last Updated 09/10/1999 communications@fdic.gov

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