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NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction 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 of noninterest-bearing transaction accounts, visit http://www.fdic.gov

 

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Religious freedom laws not used against gays in the past


NEW YORK (AP) — Religious freedom laws like the one causing an uproar in Indiana have never been successfully used to defend discrimination against gays — and have rarely been used at all, legal experts say. However, past may not be prologue in these cases, since gays have only recently won widespread legalization of same-sex marriage, and religious conservatives are now scrambling for new ...

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NASCAR finds Ryan Newman's race team manipulated tires


CHARLOTTE, N.C. (AP) — NASCAR levied harsh penalties against Ryan Newman's race team Tuesday after determining Richard Childress Racing manipulated the tires Newman used at Auto Club Speedway in California. There had been rampant speculation throughout the Sprint Cup garage that teams were drilling tiny holes in their tires to allow air to escape during a race. The process is known as ...

    
   
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