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Federal Deposit
Insurance Corporation

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

Privacy Act Issues under Gramm-Leach-Bliley

The FDIC has created this webpage to inform consumers about the Gramm-Leach-Bliley Act's (GLBA) consumer provisions to ensure that financial institutions protect consumer's financial information. GLBA became law in 1999. The new law applies to many types of financial institutions. The law covers banks, savings and loans, credit unions, insurance companies and securities firms. It even includes some retailers and automobile dealers that collect and share personal information about consumers to whom they extend or arrange credit.

GLBA privacy considerations affect consumers in the following ways:

Below are links with information regarding GLBA and consumer privacy:

FDIC Consumer News Articles
Online Brochures and Articles
Press Releases
Financial Institution Letters