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MONDAY, JANUARY 20, 2020

Bank Holiday MLK Day

 

NY2020 Helpful Tip Banner

DO

Use the full numerical year
when you date items.

EXAMPLE:

1/1/2020

DON'T

Abbreviate the year
to use only the last 2-digits.

EXAMPLE:

1/1/20

The date can easily be altered by adding numbers to the end of the year
which can back date or future date an item!

EXAMPLE:

1/1/20 can become 1/1/2015 or 1/1/2024

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Security Focus
FDIC Logo  CONSUMER NEWS
FDIC Consumer News provides practical guidance on how to become a smarter, safer user of financial services. Issues and selected articles offer helpful hints, quick tips and common–sense strategies to protect and stretch your hard-earned dollars.

We encourage you to visit and/or subscribe to FDIC Consumer News to stay up-to-date on the latest information.

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FDIC Insurance Coverage

FDIC insurance covers all types of deposits received at an insured bank, including deposits in a checking account, negotiable order of withdrawal (NOW) account, savings account, money market deposit account (MMDA), time deposit such as a certificate of deposit (CD), or an official item issued by a bank, such as a cashier's check or money order.

FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities or municipal securities, even if these investments are purchased at an insured bank.

Accounts will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. 

For more information about FDIC insurance coverage, visit: www.fdic.gov/deposit/covered/

Use the FDIC's Electronic Deposit Insurance Estimator to calculate insurance coverage.

 


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