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News Link • General Opinion

If Your Bank’s on This List Your Money’s Not Safe

• Daily Reckoning

There are simply too many banking options out there to keep your hard-earned money in a bank that’s already having problems. Several recently failed banks were highlighted before going under, and the depositors could have likely avoided the hassles associated with a bank failure had they taken action sooner.

The list includes 463 banks that in aggregate hold a little under $300 billion in assets. According to the article, the list is made possible by information pulled from regulator press releases and public news sources.

More detail and information is available from Calculated Risk, as well as the entireproblem bank list.

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