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FDIC Consumer News
Important Update: Changes in FDIC Deposit Insurance Coverage
The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the recent changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.
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Fall 2004
More on “Check 21”
In our last FDIC Consumer
News (Summer 2004), we
reported on how the new
“Check 21” law will affect check
writers and depositors. Example:
Checks will be processed faster,
so it will be more important
than ever to have enough money
in your account to cover the
checks you write.
Now that Check 21 went into
effect on October 28, 2004, we
encourage you to take another
look at our report, which is
available online at www.fdic.gov/consumers/consumer/news/cnsum04. In addition, the
Federal Reserve Board has
issued two new publications on
Check 21 and what you should
know about your checks.
They are available at
www.federalreserve.gov/pubs/check21/consumer_guide.htm
or from the Federal Reserve
Board, Publications Fulfillment,
Washington, DC 20551 (phone
202-452-3244).
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