Avoiding Cashier's Check Fraud
Many consumers have become victims of scams involving a fraudulent cashier’s check. A cashier’s check is a check that is issued by a bank, and sold to its customer or another purchaser, that is a direct obligation of the bank. Cashier’s checks are viewed as relatively risk-free instruments and, therefore, are often used as a trusted form of payment to consumers for goods and services.  More

Avoiding Identity Theft
The consequences of identity theft can be staggering. Victims spend extensive time closing bad accounts, opening new ones, and fixing credit records. There can be out-of-pocket expenses related to clearing your name. You could be denied loans and jobs and though unlikely, you could be mistakenly arrested as a result of crimes committed in your name.  More

FDIC Raises Retirement Account Coverage to $250,000
The FDIC has adopted its first regulation under the Federal Deposit Insurance Reform Act of 2005 increasing the deposit insurance limit on retirement accounts from $100,000 to $250,000. On April 1, 2006 the new limits will effect Traditional IRAs, Roth IRAs and Self-directed IRAs.  More