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.
Spring 2005 - Taking Control of Your Finances: A Special Guide for Young Adults
A Message to Readers
The Federal Deposit Insurance Corporation has been publishing FDIC Consumer News quarterly since 1993 to help people be savvier about and safer with their money. Dealing with personal finances can be overwhelming for anyone, but especially for people just beginning to manage money on their own. That's why we've published this special edition. Our goal is to help young adults — including those just starting a career or a family and others still in school — take control of their finances.
If at First You Don't Succeed:
Common Mistakes Young Adults Make with Money and How to Avoid Them
Financial Fraud and Theft: How to Protect Yourself
Five Things You Should Know about…Credit Cards
Five Things You Should Know about…Checks and Checking Accounts
High-Tech Banking 24/7
To Buy or Not to Buy…a Home or a Car
A To-Do List for Key Stages of Your Life
Take Our "Financial Aptitude Test" the F.A.T.
How to Learn More
The Right Way to Right a Wrong
Some Federal Laws Protecting Consumers
Web Sites Offer Guidance on Paying for College
The FDIC Protects Deposits to $100,000
For More Information
FDIC Consumer News is published by the Federal Deposit Insurance Corporation
Donald E. Powell
Office of Public Affairs (OPA)
Senior Writer-Editor, OPA
FDIC Consumer News is
produced quarterly by the Office of Public Affairs, in cooperation with other FDIC Divisions and Offices.
It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC 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 material used to FDIC Consumer News.
This FDIC Special Guide May Be Reprinted
The FDIC encourages schools, financial institutions, personal finance advisors, consumer groups, the media and anyone else to help make the tips and information in this special edition of FDIC Consumer News widely available to young adults.
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. 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 self-mailing information.
Find current and past issues of FDIC Consumer News at www.fdic.gov/consumers/consumer/news/. 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.
Send your story ideas, comments, and other suggestions or questions to:
Jay Rosenstein, Editor
FDIC Consumer News
550 17th Street, NW
Washington, DC 20429
Fax: (202) 898-3870
Consumer information from the FDIC is available at www.fdic.gov and from the FDIC Public Information Center,
801 17th Street, NW, Room 100
Washington, DC 20434
Toll-free phone: (877) 275-3342 or (703) 562-2200 (Washington area)
Fax: (703) 562-2296