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  1. Financial Forum
    The State of North Dakota has established state controlled bank independent of the federal banking system. It's the only one in the country that I know of. It's not associated with the FDIC. It is therefore insulated from US banking actions in case of a financial crisis, such as we've seen...
  2. Disaster Preparedness General Discussion
    One of the small banks near where I live just went under. I used them for my medical savings account and christmas club. I keep accounts at several banks and have for decades just out of general distrust. This bank was founded in 1900. Only has 2 locations and until recently was owned by the...
  3. General Discussion
    Tried to make sure something like this wasn't already posted today: Link: http://news.yahoo.com/s/ap/20090826/ap_on_bi_ge/us_fdic_shrinking_fund Excerpt:
  4. General Discussion
    ..... and the hits just keep on coming.......... March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures, as she responded to an industry outcry against new fees...
  5. General Discussion
    http://www.bloggingstocks.com/2008/11/22/bank-failure-count-fdic-closes-22nd-bank-of-2008/?icid=100214839x1214162632x1200888585 Of the three banks that failed Friday, two were in California -- Downey Savings and Loan Association (with $12.8 billion in assets and deposits of $9.7 billion), based...
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