📄 Extracted Text (317 words)
JPA1organ Chase Bank, N.A. GHISLAINE MAXWELL IRA ACCT.
270 Park Avenue, New York, NY 10017-2014 For the Period 1/1/11 to 1/31111
Asset Account
J.P. Morgan Team Table of Contents Page Client News
Important change affecting your asset account
Paul Morris Banker Account Summary 2 The current standard maximum deposit insurance
Ian Hirschfield Investment Specialist Holdings amount (SMDIA) has been permanently raised to
Janet Young Client Service Team Cash and Short Term 4 $250,000. This FDIC insurance coverage limit applies
Pauline Esposito Client Service Team Portfolio Activity 5 per depositor, per insured bank for each account
Online access www.MorganOnline.com ownership category. Due to this change we are
modifying the Combined Terms and Conditions. Unless
otherwise indicated below, all other terms and conditions
of the various account agreements still apply. Please
contact your J.P. Morgan team if you have questions
about these changes.
The next to the last paragraph of the Deposit Sweep
in the Asset Account Agreement is replaced as
follows: The Deposit Sweep is insured by the Federal
Deposit Insurance Corporation ("FDIC) for the standard
insurance amount of $250.000 per depositor, per insured
bank, for each account ownership category. The
$250.000 limit on FDIC insurance generally represents
the aggregate coverage available to an individual for all
deposit accounts held in a custodial capacity on the
individual's behalf at any particular insured financial
institution. If the combined balances of my Deposit
Sweep and any other single ownership categories that I
have with the same bank exceeds $250,000, my total
FDIC coverage for all single ownership categories with
the same bank will be limited to $250,000, but if I have
funds in a different insured depository Morgan Affiliate.
those funds will be covered separately. Funds in a
Deposit Sweep in excess of $250,000 will be uninsured.
JP Morgan 0000003542 00 0 9E 00001 MAXIi£04 20210202 Page 1 of 8
Confidential Treatment Requested by JPMorgan JPM-SDNY-00051206
Chase
CONFIDENTIAL SDNY_GM_00320404
EFTA01523552
ℹ️ Document Details
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72f0f2d3b0abeb21e0c5e2a0c965faaf6787cb6709bba7b4ee7ad0fb18abaff7
Bates Number
EFTA01523552
Dataset
DataSet-10
Document Type
document
Pages
1
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