Tuesday, September 30, 2008

How Safe is Your Bank?

With all the turmoil in the financial markets - and large financial institutions being bought out or failing - you might wonder about the safety of your money. Luckily, most normal deposits are covered by the Federal Deposit Insurance Corporation (FDIC). But if you are still apprehensive, I found a site that rates the relative financial strength and stability of U.S. commercial banks, savings institutions and credit unions.


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