BOONE, North Carolina (AP) â€” Two American aid workers have tested positive for the Ebola virus while working to combat an outbreak of the deadly disease at a hospital in Liberia, a relief group official said. The highly contagious virus is one of the most deadly diseases in the world. The World Health Organization said the outbreak is the largest ever recorded, killing more than 670 people in ...
SEOUL, South Korea (AP) â€” The South Korean businessman who led Pyeongchang's successful bid for the Winter Olympics is set to return as head of the organizing committee for the 2018 Games. Cho Yang-ho, chairman of Korean conglomerate Hanjin Group, said in a statement released by the company that he has accepted the position made vacant by the surprise resignation last week of Kim Jin-sun. The ...
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