
Notice of Changes in Temporary FDIC Insurance for Transaction Accounts
Notice: By Federal Law, as of 1/1/13, funds in a non interest bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-Insured to the legal maximum of $250,000 for each ownership category.
For more information regarding the unlimited insurance coverage expiring, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html
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