Comments on: Poll: With Bank Failures on the Rise, Have You Changed Banks? http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/ Helping a unique generation achieve financial independence. Thu, 24 May 2012 01:09:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: mostafa ajjouj http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-123681 mostafa ajjouj Wed, 06 Jan 2010 17:09:11 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-123681 wat my account bank wat my account bank

]]> By: fnbcfo http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-89038 fnbcfo Fri, 03 Oct 2008 16:20:27 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-89038 I know that my bank is strong and not in danger of failing. You can find info on banks on the web and that tells a lot about the capital, bad loans and liquidity position of the bank. You can structure your accounts so that you can have more than the current $100,000 insurance and if you have confidence in your bank then this makes the most sense instead of chasing your money all over town. I know that my bank is strong and not in danger of failing. You can find info on banks on the web and that tells a lot about the capital, bad loans and liquidity position of the bank. You can structure your accounts so that you can have more than the current $100,000 insurance and if you have confidence in your bank then this makes the most sense instead of chasing your money all over town.

]]> By: HOODY http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81375 HOODY Sat, 02 Aug 2008 21:26:00 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81375 my option wasn't listed either, cause I didn't "switch", I just moved any funds over the FDIC limit in my bank to other banks. So which ever fails at least I'll be covered and have another accounts to use. my option wasn’t listed either, cause I didn’t “switch”, I just moved any funds over the FDIC limit in my bank to other banks. So which ever fails at least I’ll be covered and have another accounts to use.

]]> By: Joe http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81283 Joe Fri, 01 Aug 2008 22:32:23 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81283 I picked "not concerned" but there are other rationales than because I think the FDIC can protect me that are not represented on this survey, so I hope it does not get intepreted as representative of public confidence in the FDIC. I picked “not concerned” but there are other rationales than because I think the FDIC can protect me that are not represented on this survey, so I hope it does not get intepreted as representative of public confidence in the FDIC.

]]> By: N-GIRL http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81258 N-GIRL Fri, 01 Aug 2008 17:03:53 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81258 My bank is a small local bank. It's been around for 100 years (They just had a celebration in July.) They give me great service and I feel my money is quite safe. Unfortunaly, my husband and I have some of our money in Bank of America. (He is in the military and has been moving from different bases for training in MS/AL before his trip to Iraq/Afghanistan.) Bank of America has a lot of branches and ATMs for him to access $ when he needs it. Also, his gov't chrg card is thru them. The military is leaving Bank of America in Oct. When he gets back from his tour. (hopefully safe.) He will be going to a Navy Federal Credit Union. Where I live, the closest on is in RI and I live in MA. With gas being $4+/gallon, I am staying close by. Right now, Bank of America is the way for him. Credit Unions, ING Direct, and local banks seem to do quite well and weather more hits in the economy better than large ones. My bank is a small local bank. It’s been around for 100 years (They just had a celebration in July.) They give me great service and I feel my money is quite safe. Unfortunaly, my husband and I have some of our money in Bank of America. (He is in the military and has been moving from different bases for training in MS/AL before his trip to Iraq/Afghanistan.) Bank of America has a lot of branches and ATMs for him to access $ when he needs it. Also, his gov’t chrg card is thru them. The military is leaving Bank of America in Oct. When he gets back from his tour. (hopefully safe.) He will be going to a Navy Federal Credit Union. Where I live, the closest on is in RI and I live in MA. With gas being $4+/gallon, I am staying close by. Right now, Bank of America is the way for him. Credit Unions, ING Direct, and local banks seem to do quite well and weather more hits in the economy better than large ones.

]]> By: rjh http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81139 rjh Thu, 31 Jul 2008 18:20:24 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81139 You didn't include an option for credit unions, and that would be my vote. My family has banked at credit unions for years. Our account is insured up to $100k by the NCUA: http://www.ncua.gov/, so I'm not worried, but apparently even credit unions have been having hard times lately: http://tinyurl.com/cufailure You didn’t include an option for credit unions, and that would be my vote. My family has banked at credit unions for years. Our account is insured up to $100k by the NCUA: http://www.ncua.gov/, so I’m not worried, but apparently even credit unions have been having hard times lately:
http://tinyurl.com/cufailure

]]> By: Amy http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81127 Amy Thu, 31 Jul 2008 16:33:16 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81127 "My bank is so big it could never fail." If I pick that one, then it's almost guaranteed that my bank will fail. But my bank is big enough that I don't think it will fail. “My bank is so big it could never fail.”

If I pick that one, then it’s almost guaranteed that my bank will fail. But my bank is big enough that I don’t think it will fail.

]]> By: Bill Davis http://genxfinance.com/poll-with-bank-failures-on-the-rise-have-you-changed-banks/comment-page-1/#comment-81122 Bill Davis Thu, 31 Jul 2008 15:40:57 +0000 http://genxfinance.com/2008/07/31/poll-with-bank-failures-on-the-rise-have-you-changed-banks/#comment-81122 There is nothing to worry about from an individual standpoint. There is nothing to worry about from an individual standpoint.

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