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News Story of the Day
Agents target industry helping Chinese women have US babies


IRVINE, Calif. (AP) — Federal agents searched more than a dozen homes Tuesday in a crackdown on so-called maternity tourism operators who arrange for pregnant Chinese women to give birth in the U.S., where their babies automatically become American citizens. The crackdown on three alleged maternity tourism rings may be the biggest yet by federal homeland security agents who say that, while ...

Sports Story of the Day
AP Interview: Mia Hamm 'humbled' to join Roma's board


ROME (AP) — With three kids at home, Mia Hamm already had plenty on her plate when two professional clubs called over the space of just a few days in October. They weren't asking her to play — the 42-year-old soccer star has been retired for more than a decade — rather they wanted her to join their management teams. Hamm, who won the women's FIFA world player of the year award in 2001 and 2002 ...

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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Current Conditions for Ormsby, MN
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Tuesday 29ºF 0ºF
Wednesday 11ºF -9ºF
Thursday 17ºF 13ºF
Friday 41ºF 22ºF
Saturday 38ºF 23ºF