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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
South Carolina Senate votes to take down Confederate flag
Updated Jul 07, 04:37 AM
COLUMBIA, S.C. (AP) — The push to remove the Confederate flag from the grounds of the South Carolina Statehouse is about to clear its first hurdle. But even if a bill to bring down the rebel banner passes the state Senate as expected Tuesday, it faces a less certain future in the House. Senators voted 37-3 on Monday to take down the flag and the pole it flies on, both of which were erected in ...
Sports Story of the Day
BMX pioneer Scot Breithaupt found dead; cause undetermined
Updated Jul 06, 05:25 PM
LOS ANGELES (AP) — Scot Alexander Breithaupt, who helped turn BMX bike racing from a backyard backwater into an international action sport, has died, authorities said Monday. Breithaupt was among the first to organize bicycle races on dirt motorcycle courses in the early 1970s, becoming first a founder of BMX — or bicycle motocross — then a champion, then one of its first famous faces. "Scot ...
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