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watch your bank

March 26th, 2008 at 04:29 am

Saving log - $2 tip box
Spending log - $1.19 coffee + $8 lunch + $.50 apple

(Yippie - finally a decent apple price - $1.19/lb.)

Speaking of the devil in "What a recession can teach you about money...". The Federal Deposit Insurance Corporation (FDIC) is watching your bank too, and they are making plans so that they don't get caught short.

Text is http://money.cnn.com/2008/03/25/news/economy/bc.na.fin.us.bankfailur.ap/index.htm?postversion=2008032518 and Link is
http://money.cnn.com/2008/03/25/news/economy/bc.na.fin.us.ba...

To better watch the FDIC. If your bank fails they're not shy about announcing it and who has bought your bank out.

Text is http://www.fdic.gov/index.html and Link is
http://www.fdic.gov/index.html

Check out the quality of your bank.
Text is http://bankrate.com/brm/safesound/ss_home.asp and Link is
http://bankrate.com/brm/safesound/ss_home.asp

Posted in Calculators & Links, Recession | 2 Comments »

2 Responses to “watch your bank”

  1. Nic Says:
    March 26th, 2008 at 01:07 pm 1206536845
    1206536845

    Thanks! Some great info on that site.

  2. PauletteGoddard Says:
    March 26th, 2008 at 10:27 pm 1206570449
    1206570449

    I'm relieved my local mortgage-holding bank is a Bankrate 4-star and CAEL-rated-2 bank.

    I've read online that the FDIC are recalling retired folk and hiring extra staff to deal with the financial tumult of failing banks.

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