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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
News Story of the Day
Saudi man convicted of conspiracy in '98 US embassy bombings
Updated Feb 26, 02:32 PM
NEW YORK (AP) — A man prosecutors portrayed as one of al-Qaida's early leaders was convicted Thursday of conspiracy in the deadly 1998 bombings of two U.S. embassies in Africa following a trial that showcased the terror group's early days. Khaled Al-Fawwaz stood expressionless, pursing his lips briefly, as the anonymous jury delivered its verdict after 2 1/2 days of deliberating. He could face ...
Sports Story of the Day
NASCAR back on track for extra day of testing in Atlanta
Updated Feb 26, 04:54 PM
HAMPTON, Ga. (AP) — After the glitz of Daytona, now it's time for the NASCAR grind. The Sprint Cup drivers returned to the track Thursday at Atlanta Motor Speedway, getting an extra day to test out the new rules package that will be in effect for the first time. "This really feels like the start of the season," said Kyle Larson, who ranked second behind Chip Ganassi Racing teammate Jamie ...
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