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7 banks

July 2nd, 2009 at 11:53 pm

taken over by the FDIC this weekend. (FDIC is a United States institution) Be careful out there, folks, especially you all from Illinois.

http://www.fdic.gov/

2 Responses to “7 banks”

  1. jay Says:

    THankyou for telling us about this , esp., in this economy. Isn't FDIC the federal agency that insures bank deposits? This was started after the Great depression when bank acts. weren't insured & everyone lost their money. Now , isn't the insured amt. up to $250.000? It was $ 100,000 but , think Congress increased it to$250.000. Plus, the stimulus plan was supposed to help w/ banks. But, it doesn't seem yet to be really helping except Wall street. Sorry if sound negative, but amglad u brought this up...thanku.

  2. katwoman Says:

    Great. Just great.

    12 out of the 52 banks that have been closed by the FDIC are IL banks.

    When will this state get it's sh*t together?

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