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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
General's court-martial is thrown into jeopardy
Updated Mar 10, 07:12 PM
FORT BRAGG, N.C. - The sexual assault case against an Army general was thrown into jeopardy Monday when the judge said the military may have improperly pressed ahead with a trial to send a message about its determination to curb rape and other widespread misconduct.
Judge Col. James Pohl refused to dismiss the charges against Brig.
Gen. Jeffrey A. Sinclair but offered the defense another chance to plea-bargain the case with a set of military officials not previously involved with the matter.
Sports Story of the Day
Minnesota GOP lawmaker apologizes for NBA tweet
Updated Mar 10, 08:58 PM
ST. PAUL, Minn. - A Minnesota lawmaker apologized Monday for his tweet about NBA players that some saw as racist, saying he was rightly held accountable for inaccurate stereotyping.
State Rep. Pat Garofalo, a fifth-term Republican from the St. Paul suburb of Farmington, tweeted Sunday night: "Let's be honest, 70% of teams in NBA could fold tomorrow + nobody would notice a difference w/ possible exception of increase in streetcrime."
Garofalo also apologized for remarks about the NBA's policy on drug enforcement, saying it was stronger than he believed.
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