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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
The Latest: Jurors begin deliberating prep school rape case
Updated Aug 27, 10:13 AM
CONCORD, N.H. (AP) — The latest on the trial of a former student at an elite prep school accused of raping a freshman as part of a tradition called Senior Salute (all times local): 12:45 p.m. Jurors have begun deliberating whether a graduate of an elite New Hampshire prep school raped a freshman as part of a tradition of sexual conquest called Senior Salute. The jury got the case Thursday ...
Sports Story of the Day
Ex-NBA star Darryl Dawkins, aka 'Chocolate Thunder' has died
Updated Aug 27, 03:38 PM
Darryl Dawkins, whose backboard-shattering dunks earned him the moniker "Chocolate Thunder" and helped pave the way for breakaway rims, has died. He was 58. The Lehigh County, Pennsylvania coroner's office said Dawkins died Thursday morning at a hospital. No cause of death was immediately announced and an autopsy was scheduled for Friday. Dawkins spent parts of 14 seasons in the NBA with ...
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