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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
[More cancer success with drugs that enlist immune system
Updated May 29, 02:09 PM
CHICAGO (AP) — For the first time, a major study shows that a drug targeting the body's disease-fighting immune system may improve survival for the most common form of lung cancer. These newer kinds of drugs have transformed treatment of melanoma, the deadliest kind of skin cancer. Studies presented at a conference Friday suggest these "immune therapies" can play a broader role in more common ...
Sports Story of the Day
FIFA scandal reverberating across soccer-crazy South America
Updated May 29, 03:51 PM
BUENOS AIRES, Argentina (AP) — Within hours of the FIFA scandal breaking, Sergio Jadue, the president of Chile's soccer federation, was declaring his innocence even though he wasn't formally accused of anything. Jadue was referring to a part of Wednesday's sweeping U.S. Justice Department indictments that, without specifying them by name, said the 10 presidents of the South American Football ...
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