On January 1, 2013, all temporary unlimited deposit insurance coverage for noninterest-bearing transaction accounts at all FDIC-insured depository institutions (IDIs) expired. The coverage was secured under Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).  The expiration has many people concerned, which is why the FDIC issued Financial Institution Letter FIL-45-2012 to provide some guidance and answers. Follow the link for a list of frequently asked questions regarding the expiration of the temporary unlimited coverage for noninterest-bearing transaction accounts.