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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

 

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News Story of the Day

Police capture escaped inmate suspected in killing near jail


KITTANNING, Pa. (AP) — Police searched Friday for an inmate they say walked away from a work-release program while serving jail time for a probation violation, killed an acquaintance who lived nearby, then took off in a stolen truck. Robert Crissman, 38, escaped from the Armstrong County jail on Thursday morning while delivering meals to other inmates, authorities said. "He has to be ...

Sports Story of the Day

Wilson, Seahawks agree to terms on contract extension


RENTON, Wash. (AP) — Russell Wilson is sticking around with the Seattle Seahawks. Wilson tweeted Friday morning that he has agreed to a four-year contract extension with the Seahawks, keeping him with the franchise that took him in the third round of the 2012 draft and watched him become one of the most successful young quarterbacks in NFL history. "Blessed to be w/ this organization for 4 ...

    
   
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