Important FDIC Insurance Information

As of 1/1/2013, funds in a non-interest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage from the FDIC. Instead, funds will be FDIC-insured to the legal maximum of $250,000 for each ownership type.

For more information regarding non-interest-bearing transaction account coverage, please visit the following website: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

 

 

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