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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 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.

Summer 2006 – Start Smart: Money Management for Teens

Savings Bonds: A Safe and Affordable Investment Option

U.S. Savings Bonds are investments that are backed by the federal government and offer a safe, easy way for teens (and anyone else) to save for the future.

Savings Bonds are affordable—you can buy a bond electronically through the U.S. Treasury for as little as $25 or purchase a paper bond from a local bank starting at $50. Savings Bonds also pay interest rates that are competitive with other forms of saving. And you will always get your money back, unlike with stocks and certain other investments.

For more information, go to www.treasurydirect.gov or call toll-free 1-800-4US-BOND, which is 1-800-487-2663.

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Last Updated 08/16/2006

communications@fdic.gov