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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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Seattle begins to phase in $15 minimum wage


SEATTLE (AP) — Seattle's new $15 minimum wage law began going into effect Wednesday, nearly a year after this pricey West Coast city was celebrated by activists as the first metropolis to push employers into providing higher wages. The fast food workers who staged walk-outs to advance the idea, however, won't be seeing anything close to $15 an hour in their paychecks this week, as the increase ...

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Duke's Mike Krzyzewski adapts to '1-and-done' world


DURHAM, N.C. (AP) — There was a time when Duke's Mike Krzyzewski led Final Four teams built around players who stayed for years to grow into tournament-tested veterans. No longer, not in today's one-and-done world in which top players rarely stick around long. The Blue Devils enter this week's Final Four relying on more freshman starters than John Calipari at Kentucky's NBA factory. The Blue ...

    
   
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