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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 (FDIC) 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. |
