SEATTLE (AP) â€” Seattle's new $15 minimum wage law began going into effect Wednesday, nearly a year after this pricey West Coast city was celebrated by activists as the first metropolis to push employers into providing higher wages. The fast food workers who staged walk-outs to advance the idea, however, won't be seeing anything close to $15 an hour in their paychecks this week, as the increase ...
OKLAHOMA CITY (AP) â€” Monta Ellis scored 26 points, and the Dallas Mavericks withstood a triple-double from Russell Westbrook to beat the Oklahoma City Thunder 135-131 on Wednesday night. Westbrook finished with 31 points, 11 rebounds and 11 assists. It was his 10th triple-double of the season, the 17th of his career and his eighth since the All-Star break. Anthony Morrow scored 32 points and ...
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 forTransaction 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