|
|
|
|
Notice
of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts
All
funds in a "noninterest-bearing transaction account" are
insured in full by the Federal Deposit Insurance Corporation from
December 31, 2010 through December 31, 2012. This temporary
unlimited coverage is in addition to, and separate from, the coverage of
at least $250,000 available to depositors under the FDIC's general
deposit insurance rules. The term "noninterest-bearing transaction account" includes
traditional checking accounts or demand deposit accounts on which the
insured depository institution pays no interest. It does not
include other accounts, such as traditional checking or demand deposit
accounts that may earn interest, NOW accounts, money market deposit
accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").
For more information about temporary FDIC insurance coverage transaction
accounts you can visit www.fdic.gov.
|
|
|
|
|
