Menu

Home › Forums › Housing › banks to avoid

Viewing 15 posts - 1 through 15 (of 41 total)
1 2 3
  • Author
    Posts
  • September 25, 2008 at 12:43 PM #13961
    jimmyle
    Participant

    Wamu is going down. Is there a list of banks to avoid?

    I have accounts in School First (a credit union) and Wells Fargo. How do I know I am safe? Yes, I know I have much less than $100K in each bank but I just want to avoid the troubles if possible.

    September 25, 2008 at 1:14 PM #275257
    34f3f3f
    Participant

    Try bankrate.com. They have a section under safe banks which rates them. Bush is on record saying the FDIC is good for up to insurable limits. Suze Orman has a letter from the FDIC chairman confirming they will pay all claims, even is their current reserves evaporate. The bail out may ease pressure on banks, assuming it’s adopted. Many people are in the same position, and it really is a case of keeping your ear to the ground, and if you get spooked, take action.

    September 25, 2008 at 1:14 PM #275508
    34f3f3f
    Participant

    Try bankrate.com. They have a section under safe banks which rates them. Bush is on record saying the FDIC is good for up to insurable limits. Suze Orman has a letter from the FDIC chairman confirming they will pay all claims, even is their current reserves evaporate. The bail out may ease pressure on banks, assuming it’s adopted. Many people are in the same position, and it really is a case of keeping your ear to the ground, and if you get spooked, take action.

    September 25, 2008 at 1:14 PM #275510
    34f3f3f
    Participant

    Try bankrate.com. They have a section under safe banks which rates them. Bush is on record saying the FDIC is good for up to insurable limits. Suze Orman has a letter from the FDIC chairman confirming they will pay all claims, even is their current reserves evaporate. The bail out may ease pressure on banks, assuming it’s adopted. Many people are in the same position, and it really is a case of keeping your ear to the ground, and if you get spooked, take action.

    September 25, 2008 at 1:14 PM #275559
    34f3f3f
    Participant

    Try bankrate.com. They have a section under safe banks which rates them. Bush is on record saying the FDIC is good for up to insurable limits. Suze Orman has a letter from the FDIC chairman confirming they will pay all claims, even is their current reserves evaporate. The bail out may ease pressure on banks, assuming it’s adopted. Many people are in the same position, and it really is a case of keeping your ear to the ground, and if you get spooked, take action.

    September 25, 2008 at 1:14 PM #275577
    34f3f3f
    Participant

    Try bankrate.com. They have a section under safe banks which rates them. Bush is on record saying the FDIC is good for up to insurable limits. Suze Orman has a letter from the FDIC chairman confirming they will pay all claims, even is their current reserves evaporate. The bail out may ease pressure on banks, assuming it’s adopted. Many people are in the same position, and it really is a case of keeping your ear to the ground, and if you get spooked, take action.

    September 26, 2008 at 12:07 AM #276111
    LeaSD
    Participant

    Disclosure – I work at WF

    WF is only AAA rated US bank – low returns on deposits but if you need to exceed the $100,000 mark… safe place to do it.

    September 26, 2008 at 12:07 AM #276094
    LeaSD
    Participant

    Disclosure – I work at WF

    WF is only AAA rated US bank – low returns on deposits but if you need to exceed the $100,000 mark… safe place to do it.

    September 26, 2008 at 12:07 AM #276045
    LeaSD
    Participant

    Disclosure – I work at WF

    WF is only AAA rated US bank – low returns on deposits but if you need to exceed the $100,000 mark… safe place to do it.

    September 26, 2008 at 12:07 AM #276043
    LeaSD
    Participant

    Disclosure – I work at WF

    WF is only AAA rated US bank – low returns on deposits but if you need to exceed the $100,000 mark… safe place to do it.

    September 26, 2008 at 12:07 AM #275790
    LeaSD
    Participant

    Disclosure – I work at WF

    WF is only AAA rated US bank – low returns on deposits but if you need to exceed the $100,000 mark… safe place to do it.

    September 26, 2008 at 12:41 AM #276068
    underdose
    Participant

    No offense, but the sliced and diced subprime mortgage backed securities were AAA, and the rapidly-being-debased US treasuries still are. WF may be solid anyway, but AAA ratings have no credibility anymore.

    September 26, 2008 at 12:41 AM #276070
    underdose
    Participant

    No offense, but the sliced and diced subprime mortgage backed securities were AAA, and the rapidly-being-debased US treasuries still are. WF may be solid anyway, but AAA ratings have no credibility anymore.

    September 26, 2008 at 12:41 AM #275815
    underdose
    Participant

    No offense, but the sliced and diced subprime mortgage backed securities were AAA, and the rapidly-being-debased US treasuries still are. WF may be solid anyway, but AAA ratings have no credibility anymore.

    September 26, 2008 at 12:41 AM #276119
    underdose
    Participant

    No offense, but the sliced and diced subprime mortgage backed securities were AAA, and the rapidly-being-debased US treasuries still are. WF may be solid anyway, but AAA ratings have no credibility anymore.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 41 total)
1 2 3
  • You must be logged in to reply to this topic.