NOTICE OF CHANGE IN FDIC INSURANCE COVERAGE FOR
NON-INTEREST BEARING TRANSACTION ACCOUNTS
EFFECTIVE JANUARY 1, 2013

Pursuant to the Dodd-Frank Act, temporary unlimited deposit insurance coverage for noninterest-bearing transaction accounts (NIBTAs), including Interest on Lawyer Trust Accounts (IOLTAs), expired on December 31, 2012.

Absent a change in law, the FDIC no longer will provide separate, unlimited deposit insurance coverage on NIBTAs.  NIBTAs will be insured by the FDIC to $250,000, the same level afforded to all deposit accounts in FDIC member banks.

For more information regarding this change, please visit the FDIC website at www.fdic.gov.