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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 a traditional checking account
or demand deposit account on which the insured
depository institution pays no interest. It also
includes Interest on Lawyers Trust Accounts ("IOLTAs").
It does not include other accounts, such as
traditional checking or demand deposit accounts
that may earn interest, NOW accounts and
money-market deposit accounts.
For more information about temporary FDIC
insurance coverage of transaction accounts visit
www.fdic.gov. |