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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
News Story of the Day
Standoff over social media passwords breaks new legal ground
Updated Jul 05, 11:06 AM
HOUSTON (AP) — A Texas man used social media to promote his gun store, posting politically charged messages that criticized the president and promoted Second Amendment rights. But after losing ownership of his suburban Houston store in bankruptcy, Jeremy Alcede spent nearly seven weeks in jail for refusing a federal judge's order to share with the new owner the passwords of the business' ...
Sports Story of the Day
TOUR DE FRANCE WATCH: Cavendish fuming against 'imbeciles'
Updated Jul 05, 10:53 AM
NEELTJE JANS, Netherlands (AP) — Ace sprinter Mark Cavendish's Etixx-Quickstep team was fighting for both the stage win and the yellow jersey at the Tour de France on Sunday. It ended empty-handed. The double failure had the Belgian team clearly frustrated, with Cavendish first blaming his lead-out man Mark Renshaw then calling his critics "imbeciles" who don't understand cycling. After ...
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