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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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White House Notebook: Third term? Obama says no thanks


ADDIS ABABA, Ethiopia (AP) — Could President Barack Obama win a third term in office? He's convinced that he could, but would really rather not. Obama used his own history of electoral success to rib African leaders who overstay their welcomes by refusing to leave office after their terms expire. In his speech Tuesday at the African Union headquarters, he conceded unfamiliarity with that ...

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AP Sources: Michel Platini will run for FIFA president


GENEVA (AP) — Michel Platini will run for FIFA president and plans to announce his intentions this week. Two officials familiar with Platini's plans have told The Associated Press that the FIFA vice president has made a decision to try to succeed Sepp Blatter. The officials spoke on condition of anonymity because Platini has not announced his candidacy. The officials said that the UEFA ...

    
   
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