EveryJoe » FDIC http://www.everyjoe.com Sports News - Tech Reviews - Entertainment - Life Tips for EveryJoe Thu, 26 Nov 2009 06:34:28 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Don’t Panic! Most Banks are Safe. Probably. http://www.everyjoe.com/articles/dont-panic-most-banks-are-safe-probably/ http://www.everyjoe.com/articles/dont-panic-most-banks-are-safe-probably/#comments Tue, 15 Jul 2008 16:25:42 +0000 Miranda Marquit http://www.yieldingwealth.com/dont-panic-most-banks-are-safe-probably/ Post from: EveryJoe

Don’t Panic! Most Banks are Safe. Probably.

]]> Yesterday, what with the news that the weekend had yielded plans to keep Fannie Mae and Freddie Mac from complete insolvency and that IndyMac was open again — run by the FDIC — after the government shut it down, people are starting to wonder how safe their money is in a bank.

The good news is that the FDIC insures up to $100,000 in an account at each bank. So consider avoiding putting all of your eggs in one basket. The other good news is that analysts claim that most banks are probably will not fail.

Did the video make you feel any better? Are you worried about your bank?

Post from: EveryJoe

Don’t Panic! Most Banks are Safe. Probably.

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