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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
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, money-market deposit accounts.


