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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
Here comes El Nino; good news for US weather woes
Updated Mar 06, 06:15 PM
WASHINGTON - Relief may be on the way for a weather-weary United States with the predicted warming of the central Pacific Ocean brewing this year that will likely change weather worldwide.
The warming, called an El Nino, is expected to lead to fewer Atlantic hurricanes and more rain next winter for drought-stricken California and southern states, and even a milder winter for the nation's frigid northern tier next year, meteorologists say.
The National Oceanic Atmospheric and Administration issued an official El Nino watch Thursday.
Sports Story of the Day
Duncan leads Spurs past Heat, 111-87
Updated Mar 07, 12:39 AM
SAN ANTONIO - Led by a no-frills coach, the San Antonio Spurs have long stated the regular season means little to them.
Yet even normally stoic San Antonio couldn't hide its emotion on the court, and the satisfaction afterward, of toppling the two-time defending champion Miami Heat.
Tim Duncan had 23 points and 11 rebounds, and the Spurs never trailed against the Heat, weathering a sluggish third quarter for an intense 111-87 victory Thursday.
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