WEED, Calif. (AP) â€” Kate Stonecypher awoke Monday and thought about wearing boots to work but decided on sneakers instead. A day later, those sneakers are among her only possessions â€” along with a pair of jeans and a T-shirt. Nearly everything else she owned was consumed by a fast-moving wildfire that destroyed her house, along with 100 other structures in the small Northern California timber ...
BALTIMORE (AP) â€” The Baltimore Orioles won their first AL East crown since 1997, using home runs by Steve Pearce and Jimmy Paredes to beat the Toronto Blue Jays 8-2 Tuesday night before a boisterous crowd of 35,297 at Camden Yards. With their ninth win in 10 games, the Orioles clinched their second playoff appearance in three years following a run of 14 consecutive losing seasons. Afterward, ...
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