Showing posts with label FDIC deposit insurance. Show all posts
Showing posts with label FDIC deposit insurance. Show all posts

Monday, February 18, 2013

Changes in FDIC Deposit Insurance Coverage

http://www.fdic.gov/deposit/deposits/changes.html
December 31, 2012
As scheduled, the unlimited insurance coverage for noninterest-bearing transaction accounts provided under the Dodd-Frank Wall Street Reform and Consumer Protection Act expired on December 31, 2012.  Deposits held in noninterest-bearing transaction account are now aggregated with any interest-bearing deposits the owner may hold in the same ownership category, and the combined total insured up to at least $250,000.