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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
Official: 2 convicts practiced escape plan before breakout
Updated Jul 01, 07:52 AM
DANNEMORA, N.Y. (AP) — A convicted murderer who broke out of prison and went on the run for more than three weeks before being shot and captured has told police that he and a fellow escapee conducted a practice run the night before their daring breakout, a district attorney said. Clinton County District Attorney Andrew Wylie said David Sweat, 35, told police from his Albany Medical Center ...
Sports Story of the Day
Djokovic reaches 3rd round of Wimbledon after early scare
Updated Jul 01, 11:15 AM
LONDON (AP) — Down a break at 3-1 in the first set, defending champion Novak Djokovic came to life and reasserted his dominance on a sweltering day at Wimbledon. Running off 13 points in a row, Djokovic seized command and stayed in front the rest of the way on Centre Court as he beat Finland's Jarkko Nieminen 6-4, 6-2, 6-3 on Wednesday to reach the third round of Wimbledon on one of the ...
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