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FDIC Consumer News
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.
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Summer 2006 – Start Smart: Money Management for Teens
How to save, spend and protect your cash
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How Are You Saving Money? Send Us Your Stories
Calling all teens. Please help us help other young people be smart money managers. In 250 words or less, we want you to tell us your story about how you're saving more, spending less, shopping smarter, or otherwise managing your money. Also tell us what you've learned from your experience that other young people would find useful. Some of the best stories or tips may be included in an upcoming issue of our quarterly publication FDIC Consumer News, so that other students around the country can learn from you!
Please send your stories by e-mail to communications@fdic.gov and put "Savings Success Stories" in the subject line. If you don't have access to e-mail, write a letter to the FDIC, Office of Public Affairs, 550 17th Street, NW, Room 7100, Washington, DC 20429. Don't worry—we won't publish names without permission. But we do ask that, when you write to us, include your name, address and phone number (in case we need to ask you a question), and your age. Send us your success stories today!
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This FDIC Special Guide May Be Reprinted
The FDIC encourages schools, financial institutions, government agencies, the media and anyone else to help make the tips and information in this special edition of FDIC Consumer News widely available to teens and their families.
The newsletter may be reprinted in whole or in part without advance permission. In addition, the FDIC offers this special edition online in a PDF version (see below) that looks just like the printed newsletter and can easily be reproduced in any quantity. Space on the back page of the PDF version also was intentionally left blank so that an organization could add its name, logo, a special message and/or mailing information.
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Find current and past issues of FDIC Consumer News at www.fdic.gov/consumernews. Refer to this same index to locate the issues that are specially formatted for being reprinted in any quantity.
To receive an e-mail notice about each new issue of FDIC Consumer News posted on the FDIC Web site, with links to stories, follow instructions posted at www.fdic.gov/about/subscriptions/index.html.
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Send your story ideas, comments, and other suggestions or questions to: Jay Rosenstein, Editor
FDIC Consumer News 550 17th Street, NW Room 7100 Washington, DC 20429
E-mail: jrosenstein@fdic.gov
Fax: (202) 898-3870
For More Information from the FDIC
Go to www.fdic.gov or call toll-free 1-877-ASK-FDIC ? that's 1-877-275-3342 ? Monday through Friday 8:00 a.m. to 8:00 p.m., Eastern Time. |
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Introduction
Saving Money
Simple, Everyday Things You Can Do to Save Money
It's Amazing: How a Small Savings Account Can Get Big Over Time
Where to Keep Your Money
Shopping for a Bank Account That Fits Your Style
Are You Ready to Start Investing? Understand the Risks and the Rewards
Savings Bonds: A Safe and Affordable Investment Option
Spending Money
5 Ways to Cut Spending...and Still Get to Do and Buy Cool Things
Do You Really Need Those $125 Designer Sneakers?
Borrowing Money
Getting a Loan: A Responsibility to Be Taken Seriously
Small Payments Can Mean Big Costs When Borrowing
Protecting Against Fraud
Warning: Identity Thieves Target Young People, Too
Banking Basics
The FDIC—Who We Are and Why You Should Know About Us
What Do Banks Do?
Extra Points
Another Good Use of Your Money: Helping the Less Fortunate
Gift Cards Are Great But Beware of Risks and Costs
Getting a Job: A Way to Earn and Learn at the Same Time
How to Learn More
Sources of Help and Information About Money Matters for Teens and Families
A Final Exam: Test Your Money Management IQ
FDIC Consumer News is published by the Federal Deposit Insurance Corporation Sheila Bair
Chairman
DJ Nordquist
Director, Office of Public Affairs (OPA) and Deputy Chief of Staff
Elizabeth Ford
Assistant Director, Office of Public Affairs (OPA)
Jay Rosenstein
Senior Writer-Editor, OPA
Mitchell Crawley
Graphic Design
FDIC Consumer News is produced
quarterly by the FDIC Office of
Public Affairs in cooperation with
other Divisions and Offices. It is
intended to present information in
a nontechnical way and is not
intended to be a legal interpretation
of FDIC or other government
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 without permission from the FDIC. Please credit FDIC Consumer News.
Summer 2006 - Color PDF 6497k (PDF Help)
Summer 2006 - B&W PDF 1649k (PDF Help) Original printing done using PMS 354 (green) and black on 60lb. smooth opaque paper stock.
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