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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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Winter 2003/2004
A Final Exam
1. Sorry, that is incorrect.
The correct answer is "True."
If your insured institution fails, FDIC insurance will cover your deposit accounts, including principal and any accrued interest, up to the insurance limit.
Back to the Quiz
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