; and (cc) on which the insured depository institution does not reserve the right to require advance notice of an intended withdrawal. (II) Insurance Notwithstanding clause (i), the Corporation shall fully insure the net amount that any depositor at an insured depository institution with less than $225,000,000,000 in assets maintains in a noninterest-bearing transaction account. Such amount shall not be taken into account when computing the net amount due to such depositor under clause (i). (III) No fees No fee may be levied on an insured depository institution for the insurance under this clause. . (2) in subparagraph (C), by striking subparagraph (B) and inserting subparagraph (B)(i) . (b) Credit unions Section 207(k)(1) of the Federal Credit Union Act ( 12 U.S.C. 1787(k)(1) ) is amended— (1) in subparagraph (A)— (A) by striking Subject to the provisions of paragraph (2), the net amount and inserting the following: (i) Net amount of insurance payable Subject to clause (ii) and the provisions of paragraph (2), the net amount ; and (B) by adding at the end the following new clauses: (ii) Insurance for noninterest-bearing transaction accounts (I) Definition For purposes of this subparagraph, the term noninterest-bearing transaction account means an account or deposit maintained at an insured credit union— (aa) with respect to which interest is neither accrued nor paid; (bb) on which the account holder or depositor is permitted to make withdrawals by negotiable or transferable instrument, payment orders of withdrawal, telephone or other electronic media transfers, or other similar items for the purpose of making payments or transfers to third parties or others