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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
Technology and outdoor sports converge at drone conference
Updated Apr 26, 12:04 PM
Santa Cruz, Calif. (AP) — Surfers catching waves and mountain bikers pedaling through forests are used to the occasional low flying pelican or diving hawk, but these days outdoor recreationalists can find what's up in the air isn't a bird at all, it's a drone. This week top drone-makers, along with investors, regulators and inventors, are gathering in one of the most popular regions for ...
Sports Story of the Day
Cards ace Wainwright placed on 15-day DL with ankle injury
Updated Apr 26, 12:10 PM
MILWAUKEE (AP) — St. Louis Cardinals ace Adam Wainwright could be out a lot longer than 15 days. The 33-year-old right-hander was placed on the 15-day disabled list Sunday with an injured Achilles and left ankle that occurred when he was batting in Saturday night's game against the Brewers. While it appears the Cardinals are preparing for Wainwright to be out much longer, manager Matheny would ...
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