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FDIC Consumer News - Summer 2002

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 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.

Illustration of a mousetrap with a bank check on top of it. High-Cost "Predatory" Home Loans: How to Avoid the Traps
A few unscrupulous lenders are tricking cash-strapped, unknowing borrowers into expensive home equity loans and mortgages. The big risk: If you can't repay the loan you could lose your home. Here is useful information for anyone thinking about a home loan.
Related Articles

Questions to Ask Before Signing a Loan Contract

The FDIC vs. Predatory Loans

Examples of Predatory Practices in Mortgage Lending

Privacy Mailings Arriving Again: Toss At Your Own Risk

Fraud Alert! Bogus “Bonus” Checks, Fake Cashier’s Checks and Miscellaneous Mischief to Avoid

Brokers, Deposits and Failed Banks: Why the FDIC Check Isn't In the Mail (Yet)

Shifting from Stocks to Deposits? Consider Your FDIC Insurance.

Do You Have Questions About Credit Cards or Debit Cards?

Co-Signing a Loan Can Be Costly

A Final Exam: Test Your Financial IQ

For More Information

FDIC Consumer News is published by the
Federal Deposit Insurance Corporation

Donald E. Powell

Phil Battey
Office of Public Affairs (OPA)

Elizabeth Ford
Assistant Director, OPA

Jay Rosenstein
Senior Writer-Editor, OPA

Tommy Ballard
Graphic Design & Illustrations

FDIC Consumer News is produced 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. Please credit material used to FDIC Consumer News.

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Jay Rosenstein
FDIC, 550 17th Street, NW
Room 7100
Washington, DC 20429
E-mail: jrosenstein@fdic.gov
Fax: (202) 898-3870

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Fax: (703) 562-2296


Last Updated 08/27/2002 communications@fdic.gov