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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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US running out of room to store oil; price collapse next?


NEW YORK (AP) — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country's ...

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Durant still out; Westbrook could return Wednesday


OKLAHOMA CITY (AP) — Kevin Durant will be out at least another week for the Oklahoma City Thunder, but Russell Westbrook could return Wednesday against the Philadelphia 76ers. Thunder coach Scott Brooks made the announcements Tuesday at practice. Durant had surgery on Feb. 21 to replace a screw from an operation for a broken bone in his right foot in October. Brooks says Durant is "trending ...

    
   
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