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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
Police: 3 children hurt when waterspout uproots bounce house
Updated May 26, 04:40 AM
MIAMI (AP) â€” Two of the three children tossed onto a South Florida beach from a bounce house sent flying by a waterspout have been sent home from a hospital with minor injuries, hours after the inflatable was sent airborne above palm trees and a four-lane road, police said. Authorities said the two children were sent home Monday and a third child was in stable condition and being held ...
Sports Story of the Day
World Series of Poker starts this week with new events
Updated May 26, 02:40 AM
Associated Press LAS VEGAS (AP) â€” If the World Series of Poker is lucky, the popularity of the Las Vegas championship's newest event could cause a poker chip shortage. The annual set of 68 tournaments at the Rio All-Suite Hotel & Casino that rewards millions of dollars to the best card sharks starts Wednesday with a new event dubbed the Colossus expected to attract at least 10,000 players. The ...
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