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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
Man charged in Kansas City-area highway shootings
Updated Apr 18, 02:21 PM
KANSAS CITY, Mo. (AP) — Authorities announced charges Friday against a Kansas City-area man suspected in connection with about a dozen recent highway shootings that have wounded three people. Jackson County prosecutor Jean Peters Baker said at a news conference that 27-year-old Mohammed Whitaker of Grandview has been charged with 18 felony counts and is being held on $1 million bail. Baker ...
Sports Story of the Day
Obama presents Navy with football trophy, again
Updated Apr 18, 02:39 PM
WASHINGTON (AP) — President Barack Obama says the Navy football team not only had to overcome tough opponents to win the Commander-in-Chief trophy this year but a government shutdown as well. The military service academies had to suspend some sporting events last fall amid budget fights in Washington. But Obama says Defense Secretary Chuck Hagel intervened to make sure Navy's match against Air ...
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