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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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News Story of the Day

Latest on NSA shooting: Driver refused orders to stop


4:20 p.m. Mary Phelan, a spokeswoman for the Howard County Police Department, says the car involved in the NSA shooting was stolen Monday morning from a hotel in Jessup, Maryland. She declined to name the hotel, citing the ongoing investigation, or release any further details, referring all questions to the FBI. 3:55 p.m. Authorities aren't saying yet why two men dressed as women tried to ...

Sports Story of the Day

Jameis Winston working to leave off-field problems behind


TAMPA, Fla. (AP) — Jameis Winston has spent much of the past two months crisscrossing the nation, sharpening his quarterback skills and trying to convince NFL teams he's learned from mistakes made off the field and ready to become the face of a franchise. A lot of his effort was geared toward the Tampa Bay Buccaneers, who have the first pick this year's NFL draft. Heading into Winston's pro ...

    
   
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