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FDIC Consumer News - Fall 2000

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.


Should You Buy a Bank CD from a Broker?
Deposit brokers sometimes negotiate special deals on bank-issued certificates of deposit, but these CDs can be complex and may carry more risks than traditional accounts sold directly by banks. Here’s how to tell if a brokered CD makes sense for you.

Ask Questions Before Paying for Credit Card Insurance

Banks' Limited Authority to Open, Close and Access Accounts

A Bank By Any Other Name May Still Be the Same Bank

Graphic image of a storefront labeled "XYZ Investment Company".  The Store window has a sign that says "FDIC-Insured Bank CDs Sold Here".
Wanted: Parental Advice for Teaching Teens About Spending and Borrowing Responsibly

For More Information

FDIC Consumer News
is published by the Federal Deposit Insurance Corporation

Donna Tanoue

Phil Battey
Office of Public Affairs (OPA)

Elizabeth Ford
Assistant Director, OPA

Jay Rosenstein

Tommy Ballard
Graphic Design and Illustration

FDIC Consumer News is produced by the FDIC 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.

Send comments, suggestions or questions to:
Jay Rosenstein
FDIC, 550 17th Street, NW
Washington, DC 20429
E-mail: jrosenstein@fdic.gov
Fax: (202) 898-3870

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FDIC, Public Information Center
801 17th Street, NW, Room 100
Washington, DC 20434
Phone: (800) 276-6003 or (703) 562-2200
E-mail: publicinfo@fdic.gov
Fax: (703) 562-2296


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Last Updated 09/08/2000 communications@fdic.gov