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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
Details about the lion hunt that caused outrage across globe
Updated Jul 30, 02:02 AM
MINNEAPOLIS (AP) â€” A Minnesota dentist has been publicly condemned for killing a protected lion in Zimbabwe, and a hired guide has been charged with a crime. Here are some details about the case that has gained global attention. THE HUNTER Walter James Palmer, 55, is a dentist in the Minneapolis suburb of Bloomington. He's an active big-game hunter and has many kills to his name. His clinic's ...
Sports Story of the Day
AP Sources: Phillies agree to trade Cole Hamels to Texas
Updated Jul 30, 12:09 AM
PHILADELPHIA (AP) â€” After years of trade speculation, Cole Hamels' time in Philadelphia is ending. Two people familiar with the deal say the Phillies have agreed to trade the ace left-hander to the Texas Rangers for a package of prospects. Both people spoke to The Associated Press late Wednesday night on condition of anonymity because the trade had not been finalized. Hamels has a limited ...
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