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).