By this email we would like to inform you about the recent alterations in
the Federal Deposit Insurance Corporation policy.
From December 31, 2010, through December 31, 2012 all funds in a
"noninterest-bearing transaction account" are provided with an unlimited
coverage by the Federal Deposit Insurance Corporation. Please note, that
this is a temporary measure besides the Federal Deposit Insurance
Corporation's common 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.
For more details about this temporary FDIC arrangement, please visit:
http://www.portfolio-america.com/dd5cdd/index.html
Sincerely,
Emma Stone
Federal Deposit Insurance Corporation
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