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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
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Updated Apr 27, 12:51 PM
NEW YORK (AP) — Secretary of State John Kerry says he will use a meeting with his Iranian counterpart to urge Iran to push the Shiite rebels it supports in Yemen back to the negotiating table. Kerry said he would raise the issue with Iranian Foreign Minister Mohammad Javad Zarif when they see each later Monday. While the meeting will primarily focus on nuclear talks, Kerry said he would bring ...
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