NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

 

By Federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including and IOLTA//IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the legal maximum of $250,000 for each ownership category.  For more information, visit

http://www.fdic.gov/deposit/deposits/unlimited/expiration.html