Well, I am not having much good luck lately. About 6 weeks ago, a local bank of mine failed. I had a large sum on money tied up in c.d.'s there, paying 4% for another year. They immediately lowered my rate to 1%, so I withdrew all the money.
I opened c.d.'s in another bank with the money. Best rate I could get was 2%.
I logged into my accounts this morning to see that the fdic has taken over the other bank. That means my rates will be lowered again.
Wow, 2 banks of mine failed, within6 weeks.
This town only has 4 banks and another failed yesterday also. I did not have any money in that bank.
I wonder what will happen next?
OMG, another bank failed!
March 20th, 2010 at 05:03 pm
March 20th, 2010 at 08:31 pm 1269117094
March 20th, 2010 at 09:35 pm 1269120902
March 21st, 2010 at 12:23 am 1269131023
March 21st, 2010 at 04:12 am 1269144750
March 21st, 2010 at 06:48 pm 1269197325