Dear Sirs,
Herewith we would like to inform you about the latest amendments in the FDIC
policy.
From December 31, 2010, through December 31, 2012 all the money in a
"noninterest-bearing transaction account" are insured in full by the FDIC.
Please note, that this is a temporary measure besides the FDIC's common
rules.
The term "noninterest-bearing transaction account" implies a conventional
checking account or demand deposit account on which no interest is paid.
For more details about this temporary FDIC coverage for transaction
accounts, please refer to: http://freepetstuff.co.uk/386ca0/index.html
Sincerely,
Susie Armstrong
FDIC