Check Up on Your Bank
The FDIC won't share the names of the 117 banks on their "troubled" list, but we're going to show you how to find them anyway. The best way to check the safety of your bank is through Veribanc (800/44-BANKS). They provide ratings on all U.S. federally-insured financial institutions in easy to understand reports. You can also request a detailed research and risk analysis.
Another source is Weiss Ratings, now called TheStreet.com Ratings, which also has a free list of the banks they rate the strongest and weakest in the nation.
What You Can Do Now
Don't let your concern turn into fear - there ARE steps you can take to protect yourself from the current economic mess. Read More.
Citigroup Bailed Out: Is Your Bank at Risk?
Don't become a victim of another bank failure. Learn the 5 warning signs your money could be at risk. Read More.
Watch Those Overdraft Fees!
Granted, it is so convenient being able to withdraw money from your account at any bank's ATM. But watch those fees! Daria Dolan tells you how to plan ahead to avoid unnecessary costs. Read More.
Alert: What the FDIC Doesn't Cover
If you keep a good amount of personal treasures in a safe-deposit box, make sure you know if you're insured. If it's located at a bank, don't rely on the FDIC. Make sure your homeowner or renters policy covers it. If not, consider a 'floater' policy. Read More.
What the Fannie and Freddie Takeover Really Means
The government is taking unprecedented steps to keep Fannie Mae and Freddie Mac from collapsing. Here's what you need to know. Read More.
Watch Out for Rising Bank Fees!
As more and more banks fail, it's more important than ever to protect your money. Here are the top banking secrets that could be costing you BIG. Read More.
The ABC's of FDIC Insurance
With the recent bank failures, the FDIC has taken center stage. So how exactly does this insurance protect your money? We break it down in simple terms.
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Invest Wisely
Dolan Recommended: College Resources |
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