FDIC Publishes 25th Anniversary Special Edition of Consumer Newsletter

For Immediate Release

August 3, 2018

Press Release

Media contact:
Jay Rosenstein
(202) 898-7303
jrosenstein@fdic.gov

FDIC Publishes 25th Anniversary Special Edition of Consumer Newsletter

FDIC Consumer News, the newsletter published quarterly by the Federal Deposit Insurance Corporation since the fall of 1993, is celebrating its 25th anniversary with a special expanded edition featuring updated versions of 25 of our more popular articles.

A lot has changed in banking and financial services in the last 25 years. For example, the FDIC deposit insurance limit increased from $100,000 to $250,000 and consumers who used to bank at branches now enjoy internet banking at home and mobile banking by smartphone from virtually anywhere. Even so, many of the core concepts on matters such as saving, borrowing money, and avoiding fraud and theft remain generally the same. The new guide, entitled "25 Years of Tips You Can Bank On: Time-Tested Strategies for Managing and Protecting Your Money," includes one article from each year going back to 1993. Topics include saving for retirement, understanding FDIC deposit insurance coverage, money tips for travelers, and how to search for lost or forgotten bank accounts.

The special edition can be read or printed by visiting www.fdic.gov/consumers/consumer/news/cnsum18, with e-reader and Spanish versions forthcoming. The Spanish-language versions of past FDIC Consumer News articles are at www.fdic.gov/quicklinks/spanish.html.

About FDIC Consumer News

The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. To find current and past issues, visit www.fdic.gov/consumernews.

Note: Beginning September 2018, FDIC Consumer News will become a paperless, monthly publication. The new articles will still be posted at www.fdic.gov/consumernews. Printable and Spanish versions will be available on the same webpage.To subscribe to receive an email when new articles are released, go to www.fdic.gov/about/subscriptions/index.html, provide the necessary information, then select "Consumer News." You can also learn about new articles if you "like" the FDIC Facebook page (www.facebook.com/FDICgov) or follow the FDIC on Twitter (twitter.com/FDICgov).

The FDIC encourages financial institutions, government agencies, consumer organizations, educators, the media, and anyone else to help make the tips and information in FDIC Consumer News widely available. The publication may be reprinted in whole or in part without permission. Please credit FDIC Consumer News. Organizations also may link to or mention the FDIC website.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's banks and savings associations, 5,607 as of March 31, 2018. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars—insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-48-2018

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