Noninterest Bearing Transaction Accounts FDIC Notice
By operation of federal law, beginning 01/01/2013, funds deposited in a noninterest-bearing transaction (including
an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the FDIC. Beginning
01/01/2013, 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.
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