|
(1) FDIC deposit insurance basic
limit for individual depositors was raised to
$250,000 on October 3 as a result of the Emergency
Economic Stabilization Act of 2008. This increase
will be in force until December 31, 2009, unless
extended or otherwise acted upon by Congress.
(2) The FDIC has launched a national public service
campaign designed to help consumers learn about the
benefits and limitations of deposit insurance. This
campaign features personal finance expert Suze Orman, and
encourages the use of EDIE, the online insurance
coverage Estimator, by providing a direct link.
|