All Posts Tagged With: "FDIC"
829 US Banks Still At Risk Says FDIC
The FDIC says that more than a tenth of banks in the United States are still at risk of failing even though the economy is showing improvement. Out of the 7,800 banks in the US, 829 were still having problems. Another 118 banks have failed already in 2010. For the first time in 38 years, [...]
Are You Worried Your Bank Will Fail?
Last year more than 702 banks across the nation were in trouble. The FDIC keeps the list and does not reveal the name of the banks experiencing problems. As many bank customers have seen the fallout from other banks that have folded, many continue to worry they will soon be in the same position. Experts [...]
Forget Citigroup – Wachovia Acquired by Wells Fargo
Wachovia Bank customers may not know how close they came to not having a banking institution. Last week, Wachovia Bank was running but with strong concerns that the bank would not be open for this week. Before any deals were being worked out, Wachovia did not have a source of liquidity and under those circumstances, [...]
I agree. If a local business is the one offering the sale price I will buy it from them. ...
We are retired and live on a grocery budget of $200 a month for 2 people in the Midwest. That ...