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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

Father, stepmother charged in death of malnourished girl


DETROIT (AP) — Prosecutors on Friday accused a father and stepmother of intentional, persistent abuse and neglect of two young girls, one dead and the other fighting for her life in a Detroit hospital. Andrew and Hilery Maison were charged with murder, torture and child abuse after authorities say Mackenzie Maison, 5, and her 3-year-old sister were found malnourished, dehydrated and abused. ...

Sports Story of the Day

Federer, Ivanovic through to 4th round at French Open


PARIS (AP) — Stepping on center court to take on 88th-ranked Damir Dzumhur, Roger Federer was on his guard. The 17-time Grand Slam champion had been caught cold at a previous French Open by a player ranked as low as the 23-year-old Bosnian, and he made sure that did not happen again. Federer advanced to the fourth round for the 11th straight year with a clinical 6-4, 6-3, 6-2 win Friday. "I'd ...

    
   
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