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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
NYC police rolling back some counterterror efforts
Updated Apr 16, 04:13 PM
NEW YORK (AP) â€” The move by New York City's new police commissioner to disband a unit that spied on the everyday activities of Muslims could be just the first step in a dismantling of some of the huge post-9/11 intelligence-gathering machinery built by his predecessor. Among other anti-terror programs that are getting a hard look from Commissioner William Bratton is a unit that stations NYPD ...
Sports Story of the Day
Jets sign former Titans RB Chris Johnson
Updated Apr 16, 04:24 PM
NEW YORK (AP) â€” Always fast on the field, Chris Johnson found a new job pretty quickly, too. The New York Jets signed the former Titans running back Wednesday, a little over a week after he was officially released by Tennessee on April 7. Johnson met with the Jets all day Tuesday â€” the first team he visited â€” and stayed in town to watch the Knicks-Nets game in Brooklyn before signing ...
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