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  • The FDIC Insurance coverage has been increased from $100,000 to $250,000 permanently.

  • Notice of Changes in FDIC Coverage for Transaction Accounts

    By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA) 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 about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

FDIC

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