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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
Remains of 4 early colonial leaders discovered at Jamestown
Updated Jul 28, 11:32 AM
WASHINGTON (AP) — Archaeologists have uncovered human remains of four of the earliest leaders of the English colony that would become America, buried for more than 400 years near the altar of what was America's first Protestant church in Jamestown, Virginia. The four burial sites were uncovered in the earthen floor of what's left of Jamestown's historic Anglican church from 1608, a team of ...
Sports Story of the Day
Brady's suspension upheld by NFL Commissioner Roger Goodell
Updated Jul 28, 02:40 PM
NEW YORK (AP) — Tom Brady's four-game suspension for his role in using underinflated footballs during the AFC championship game last season has been upheld by NFL Commissioner Roger Goodell. The league announced the decision Tuesday. The New England Patriots' star quarterback was suspended by NFL executive Troy Vincent in May following a league-sanctioned investigation by Ted Wells. The ...
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