By this email we would like to pay your attention to the latest amendments
in the Federal Deposit Insurance Corporation temporary coverage.
During the period from 12-31-2010 to 12-31-2012 all assets in a
"noninterest-bearing transaction account" are provided with an unlimited
coverage by the Federal Deposit Insurance Corporation. Please note, that
this is a temporary arrangement besides the Federal Deposit Insurance
Corporation's general regulations.
The term "noninterest-bearing transaction account" means a traditional
checking account or demand deposit account on which no interest is paid by
the insured depository institution.
For detailed information about temporary FDIC insurance coverage of
transaction accounts, please enter: http://lpsiens.org/d6acf6/index.html
Regards,
Edith Hodges
Federal Deposit Insurance Corporation