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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
Latest on police-custody death: Officer injured near station
Updated Apr 26, 12:17 AM
12 a.m. A Baltimore police spokesman says an officer has suffered minor injuries in the waning hours of the Freddie Gray demonstrations. The officer was injured near a police station where three dozen police officers in riot helmets and shields are lined up. The crowd is sparse, mostly people coming out of their homes, some throwing items, possibly rocks, at the officers. The injury occurred ...
Sports Story of the Day
Grizzlies hold off a late Trail Blazers rally to go up 3-0
Updated Apr 26, 01:38 AM
PORTLAND, Ore. (AP) — Marc Gasol had 25 points and the Memphis Grizzlies took a 3-0 lead in their playoff series over the Trail Blazers by withstanding a late Portland rally for a 115-109 victory on Saturday night. Courtney Lee had 20 points and Mike Conley added 14 before leaving the game late in the third quarter with a facial injury. Memphis was already thin at point guard with reserve Beno ...
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