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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
US lowers fluoride in water; too much causing splotchy teeth
Updated Apr 27, 11:05 AM
NEW YORK (AP) — The government is lowering the recommended amount of fluoride added to drinking water for the first time in more than 50 years. Some people are getting too much fluoride because it is also now put in toothpaste, mouthwash and other products, health officials said Monday in announcing the change. Too much fluoride has become a common cause of white splotches on teeth in ...
Sports Story of the Day
Bach: India not ready to bid for 2024 Olympics
Updated Apr 27, 11:06 AM
NEW DELHI (AP) — IOC President Thomas Bach says India is not ready to bid for the 2024 Olympics but could be a candidate to host the games in the future. Bach says he was "a little bit surprised" about speculation of a possible Indian bid and believes it would be "a little too quick for India to have successful Olympics in 2024." Bach spoke after meeting with Indian Prime Minister Narendra ...
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