Given all the challenges in today’s financial markets, I wanted to provide some government resources that can help answer questions about the significant changes occurring in our financial markets.
To find answers about the Federal Deposit Insurance Corporation (FDIC) and how deposit insurance works for banks, click here.
To find answers about the National Credit Union Administration (NCUA) and how member share accounts are insured through the National Credit Union Share Insurance Fund (NCUSIF), click here.
For information about the Securities and Exchange Commission (SEC), and how events at Lehman will affect customers, click here.
For information about how your pension may be guaranteed by the Pension Benefits Guarantee Corporation (PBGC), click here.
For information about how you may be protected if a brokerage firm fails, visit the Securities Investor Protection Corporation (SIPC) or the Financial Industry Regulatory Authority (FINRA.)