Attn: Financial Manager
By this email we would like to inform you about the latest alterations in
the FDIC policy.
During the period from 12-31-2010 to 12-31-2012 all funds in a
"noninterest-bearing transaction account" are insured in full by the FDIC.
Please note, that this measure is temporary and besides the FDIC's basic
deposit insurance regulations.
The term "noninterest-bearing transaction account" includes a usual checking
account or demand deposit account on which the insured depository
institution pays no interest.
To obtain more information about temporary FDIC insurance coverage of
transaction accounts, please refer to:
http://onlinereporting.org/570547/index.html
Yours sincerely,
Sophy Cisneros
FDIC
0 screaming diz-busters:
Post a Comment