Consumer Protection

If your bank has FDIC insurance, your deposits are protected up to $100,000.
To check if your bank is FDIC insured, use the FDIC’s Bank Find tool. Just because they say they are insured doesn’t mean they are.
Credit unions deposits are protected under the National Credit Union Administration.
To check if your credit union is NCUA insured, use the NCUA Find A Credit Union tool.
The insurance coverage increases to $250,000 if the account is a retirement account.
There are over a dozen Fed Regulations and laws that protect consumers, a page on the Chicago Fed website has a list of all of them. You will notice a few popular ones such as the Fair Credit Reporting Act and Regulation CC (how long a bank can hold your check funds as they process). It may make for some dry reading but it’s useful information to know.
I wanted to specifically call out Regulation AA, Unfair or Deceptive Acts or Practices, which governs the procedures a consumer should follow to report unfair or deceptive acts or practices performed by a bank with respect to the extension of credit. This is especially appropriate nowadays but the regulation spells out specifically what you should do.