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  News Story of the Day  
A look at the secret children of some prominent Americans


A 39-year-old man currently imprisoned in Colorado for unlawfully transporting a gun claims he is Prince's son. Carlin Q. Williams is seeking DNA testing to confirm whether he's the pop superstar's child. If they are a match, Williams would be the sole heir to the singer's estate. His mother contends in court papers that she conceived Williams while having sex with Prince at a hotel in 1976 in ...

 
 
  Sports Story of the Day  
Kermit Washington accused of stealing from his charity


Prosecutors have filed charges against former NBA forward Kermit Washington, accusing him of embezzling about a half-million dollars in charitable donations meant to help the needy in Africa and spending it on jewelry, vacations and other things. U.S. Attorney Tammy Dickinson the federal indictment in Kansas City, Missouri, on Wednesday, a day after Washington was arrested in Los Angeles. ...

 
 
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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