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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
Bill under debate would limit farm antibiotics in Oregon
Updated Apr 25, 11:39 AM
PORTLAND, Ore. (AP) — For decades, farmers have routinely fed antibiotics to livestock to fatten up the animals and protect them from illnesses amplified by confined conditions. But critics say repeated use of antibiotics has made bacteria more resistant to the drugs, resulting in people developing antibiotic-resistant infections. As public pressure mounts nationally against antibiotics, ...
Sports Story of the Day
7 players from Royals, White Sox punished by MLB for brawl
Updated Apr 25, 12:50 PM
KANSAS CITY, Mo. (AP) — Seven members of the Kansas City Royals and Chicago White Sox were fined and six suspended by Major League Baseball on Saturday for their roles in a brawl days earlier. Royals pitcher Yordano Ventura was suspended seven games, fellow starter Edinson Volquez suspended five games, and outfielder Lorenzo Cain and reliever Kelvin Herrera suspended two games apiece for ...
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