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News Story of the Day
$2.4B Revel casino to shut down early Tuesday


ATLANTIC CITY, N.J. (AP) — Little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market, Revel will close its doors Tuesday morning. The 6 a.m. casino shutdown follows the closure of its hotel on Monday. By mid-September, four of Atlantic City's 12 casinos will have gone out of business, but none will be a costlier failure than Revel. It ...

Sports Story of the Day
9-foot Joe Frazier statue rising in Philadelphia


Associated Press PHILADELPHIA (AP) — Busloads of tourists line up every day in Philadelphia to take photos with a statue of Rocky Balboa, the fictional heavyweight fighter made famous by Sylvester Stallone. Will they line up for pictures with a sculpture of real hometown champion Joe Frazier? "Properly promoted, I think it would be much, much bigger than Rocky," said Robin Hazel, who was ...

FDIC INFORMATION

FDIC coverage $250,000 per depositor.
FDIC Transaction Account Guarantee Program
Effective June 30, 2010, funds held in non-interest bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee program but will be insured up to $250,000 under the FDIC's general insurance rules.

 
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 ("IOLTA's").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

 

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


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Tuesday 78ºF 58ºF
Wednesday 85ºF 71ºF
Thursday 84ºF 55ºF
Friday 70ºF 50ºF
Saturday 72ºF 51ºF