DETROIT (AP) â€” General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday. The National Highway Traffic Safety Administration, the government's auto safety watchdog, also didn't seek a recall of the compact car from ...
WASHINGTON (AP) â€” Bryce Harper hit the ball to the mound, jogged to first base and took a right turn to the dugout before getting halfway down the basepath. That would be his final play in the Washington Nationals' 4-3 loss to the St. Louis Cardinals on Saturday. First-year manager Matt Williams will tolerate physical miscues, such as the error that provided St. Louis three unearned runs, but ...
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