All funds in a “noninterest-bearing transaction account” are
insured in full by the Federal Deposit
Insurance Corporation from December 31, 2010 through December
31, 2012. This temporary unlimited coverage is in addition to, and
separate from, the coverage of at least $250,000 available to
depositors under the FDIC’s general 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. It also includes
Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include
other accounts, such as traditional checking or demand deposit
accounts that may earn interest, NOW accounts and money-market
deposit accounts.
For more information about temporary FDIC insurance coverage of
transaction accounts, visit
www.fdic.gov.
Join us on Saturdays from 12:00 pm -
1:00 pm for the KRDO Saturday Business Magazine, brought to you by
Pikes Peak National Bank. Co-hosts Ted Robertson from
RCN Group, Inc. and Robin
Roberts, President of Pikes Peak National Bank, will interview
owners of local businesses, leaders in our business community and
area organizations who provide resources to small businesses and
entrepreneurs. The Saturday Business Magazine’s sole purpose is to
highlight and support small businesses and entrepreneurs in the
Pikes Peak region. We hope you’ll listen in!
NEW! NEW! NEW! The Saturday Business Magazine will move to an hour-long format on Saturday, April 28th! Our new time will be 12:00 pm - 1:00 pm each Saturday.
Saturday, May 12, 2012: Benjamin Harvey, Northwestern Mutual
Saturday, May 19, 2012: Nelson Roseland, Platinum Relations and Board Member of the Old Colorado City Merchant's Association