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FDIC Highlights Money Management Tools During National Consumer Protection Week
Having the right tools is critical to completing any task. This is true for consumers trying to manage their money and is particularly important during a difficult economy. "Accurate and reliable information is essential to helping consumers protect their savings, avoid fraud, and make informed financial decisions," said Sandra L. Thompson, Director of the FDIC's Division of Supervision and Consumer Protection. "We are pleased to be one of the national organizers of National Consumer Protection Week 2009." The FDIC, in observance of National Consumer Protection Week (NCPW) March 1-7 and its theme of "Nuts and Bolts: Tools for Today's Economy," is calling attention to several new money management tools for consumers:
As always, consumers with personal finance-related questions can visit www.fdic.gov/quicklinks/consumers.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342).
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,305 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-34-2009
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