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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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News Story of the Day

Group that organized biker meeting gets city proclamation


Days after a biker shootout at a Texas restaurant, the same group that organized the motorcyclists' meeting that turned violent received a proclamation from the Waco City Council designating May as "Motorcycle Safety and Awareness Month." The council issued the proclamation Tuesday, two days after nine people were killed in the shootout at a Twin Peaks restaurant in Waco. The proclamation was ...

Sports Story of the Day

Pirates star McCutchen laughs off leaked pay stub


PITTSBURGH (AP) — Good thing Andrew McCutchen has direct deposit. The Pittsburgh Pirates star centerfielder laughed off a leaked photo of his pay stub Friday, joking he can handle the attention so long as he still gets paid. McCutchen's two-week stub was left behind in the visitor's clubhouse at Wrigley Field last weekend following a series with the Cubs. "It was given to me and I was in the ...

    
   
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