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Attention Account Holders

By 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 depositorís accounts at an insured depository institution, including all noninterest-bearing accounts, will be insured by the FDIC up to the 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/deposit/deposits/unlimited/expiration.html.

 

 

 

FDIC