FDIC offers tips to keep costs down Checking for and savings

Press Releases
FDIC offers tips to keep costs down Checking for and savings
Other topics include the latest news from the FDIC Consumer permanent growth of the Federal deposit insurance coverage $ detailing and money management strategies for young adults

AS SOON AS THE PUBLICATION OF THE
25. August 2010

New rules limit payments to banks and other financial institutions may charge you for some services, so it is possible that other services, such as checking and savings accounts, to go up. FDIC Consumer News, Federal Deposit Insurance Corporation, as published by the Summer of 2010 features a careful consumers can avoid ways unnecessary costs on deposit accounts.Other timely topics include permanent increase in the basic federal deposit insurance limit $ detailing the financial advice for young people and their own.

For press and hold down costs and savings, tips FDIC are the following criteria:

Comparison shop.See what is offered to your Bank and a few competitors, in particular, if the bank where you have placed the new charges. Monitor communications Bank.Check your bank statements as soon as possible for errors that may be paid in cash and payments were further does not understand.Understands the overdraft facility options. Clearly, the best and cheapest way to avoid overdrafts are good posts entries and have sufficient funds to cover the estimated from your account., you should also be aware of the new opt-in rules to cover the debit card Purchases for each completed occurrence of the overdraft and payment and costly overdraft coverage fewer options, such as account review link to savings account, overdraft credit lines and small-dollar loans, withdrawals from ATM. Reduce ATM fees.When you are not close to your bank or one of the pankkiautomaattien need cash, to know the settings. One possibility is to use a debit card when making purchases and money back to Ask, but to establish your bank entry is free of charge.

Basic Federal deposit insurance limit permanent growth — at least 100000 EUR for a period of at least $ detailing the limit per depositor rather than from — was included in the new economic reform law adopted in July by the law of the basic regulation before the Federal deposit insurance limit was set to go back to the $ 1.January 2014.

Permanent increase in deposit insurance coverage ", $ detailing the depositors with CDS (certificates of deposit) $ 100,000 but less than $ is losing coverage detailing the longer these CDs from the maturing 2013, without worrying about the FDIC Chairman Sheila" said c. Bair.

Other articles of the Declaration to discuss what I know, and if your bank is closed, and how the FDIC insurance protection rule specific customer deposits $ detailing exceeded at least six months after the close of the merger or.FDIC money tips for young adults of the basic regulation, the emphasis will be placed on the importance of the plan is created — sooner the better — expenditure for the taxation of savings income in the management development, building a good credit record and to protect the financial fraud.

FDIC Consumer News objective is to provide timely, reliable and innovative tips and in financial matters, free of charge information. Summer 2010 version can read or www.fdic.gov/consumers/consumer/news/cnsum10 has been printed.FDIC also offers young adults in a separate article, reprinted in a two-page spread.You can print the amount in the said article, go to www.fdic.gov/consumers/consumer/news/cnsum10/starting_out_on_your_own.pdf.

You can search for FDIC Consumer News, including a special version of the current and past issues, visit the following www.fdic.gov/consumernews or to request paper copies, please contact the FDIC Public Information Center toll-free at 1-877-275-3342, by e-mail to publicinfo@fdic.gov or FDIC Public Information Center, 3501 North Fairfax Drive, room E-1002, Arlington, VA 22226.

You can subscribe to the quarterly FDIC Consumer News in two ways. you receive an e-mail message about the links to each new issue of stories, go to www.fdic.gov/about/— subscriptions/index. html and would like to receive the newsletter by e-mail., free of charge, contact the Public Information Center, as above.

FDIC encourages financial institutions, government agencies, consumer groups, educators, the media and someone else helps improve tips and information about FDIC Consumer News widely available publication is reprinted, in whole or in part without the prior authorisation to do so also can link or mention the FDIC Web site.

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Congress created the Federal Deposit Insurance Corporation to restore the public's confidence in the nation of the banking system of the 1933. deposits FDIC takaatte successful nation 7,932 banks and savings associations and it contributes to the stability and security by identifying, monitoring and deal with risks for which they are exposed to the FDIC may not. federal tax dollars-the insured financial institutions to finance their activities-.

FDIC press releases and other information is electronically available on the Internet at www.fdic.gov order (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained from the FDIC's Public Information Center (877-275-3342 or 703-562-2200).PR-197-2010