NOTICE OF CHANGES IN TEMPORARY
FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

 

Temporary unlimited deposit insurance coverage for noninterest-bearing transactions accounts (NIBTAs), including Interest on Lawyer Trust Accounts, is scheduled to expire on December 31, 2012.  Absent a change in law, beginning January 1, 2013, the FDIC will no longer provide seperate, unlimited deposit insurance coverage for NIBTAs at insured depository institutions (IDIs).

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.