Community Causes - April

APRIL 2011 - George W. Harris Jr. Juvenile Center

These facilities can accommodate as many as 24 youths at a time. The shelter sees over 500 youths come through its doors annually. The shelter provides temporary housing and care for many local youths that need an emergency shelter placement due to abuse, and or neglect. It also provides for youth in foster care who have experienced a disruption in their foster placement.

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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. The coverage includes Interest on Lawyer 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.