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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
Business & Finance
News Story of the Day
APNewsBreak: Gacy case helps solve unrelated death
Updated Apr 23, 07:16 AM
CHICAGO (AP) — Four decades after John Wayne Gacy lured more than 30 young men and boys to his Chicago-area home and strangled them, his case has helped authorities solve another killing — one he didn't commit. Investigators have identified the remains of a man who in 1978 never returned to his home just a few miles from Gacy's house. They also say they know the identity of his now-deceased ...
Sports Story of the Day
Giggs to be assisted by former teammates
Updated Apr 23, 06:49 AM
MANCHESTER, England (AP) — Ryan Giggs will be assisted by former teammates Paul Scholes, Nicky Butt and Phil Neville during his spell as interim manager of Manchester United following the dismissal of David Moyes. Neville was already the first-team coach under Moyes, while Butt had been working with United's Under-19s and Under-21s as a technical coach. Scholes, who retired from playing last ...
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