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FDIC Consumer News - Spring 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 Fraud 

5. Sorry, that is incorrect.

The correct answer is "True"

If you notify your bank of an unauthorized transaction within 60 days of the date the statement containing the error is mailed by your bank, you are not liable for any loss. See full story...

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Last Updated 06/18/2003 communications@fdic.gov