Each depositor insured to at least $250,000 per insured bank

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FDIC Consumer News - Winter 2002/2003

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.

  Special Report on FDIC Insurance 

1. If you picked "False" you are correct.

Think back to your school days, when grades, report cards, test scores and teacher recommendations had a lot to do with getting ahead. Now fast-forward to your life today. You may not think much about it, but you're still being evaluated and graded—in the subject of personal finance—and once again the results can be critical to your future. We're referring to credit reports, which summarize your history of paying debts and other bills, and credit scores, which predict risk. Both help banks, insurers, landlords and even potential employers make judgments about your reliability. See full story...

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Last Updated 02/26/2003 communications@fdic.gov