An 8-point checklist gives you specific tips on what you can do to protect yourself. Or send your name and address to Consumer Information Center, Dept. 613F, Pueblo, CO 81009 . The Y2K glitch is caused by a shortcut used in many computers that records the year using two numbers instead of four. So, the year 2000 is read as the year 1900. This could cause some equipment to give incorrect data or crash.
Banks are at risk because many of their transactions are date-sensitive.
A good first step in protecting yourself is to read everything your banking institutions give you regarding Y2K and what they are doing to prepare for it. Your normal banking routine shouldn't be disrupted. But to be on the safe side, keep copies of all your bank records for the last six months of 1999 and the first few months of 2000. Compare your records to your statements. If there are any discrepancies, report them to your institution immediately.