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08/07/2008

Is My Bank Going To Fail?

According to the Federal Deposit Insurance Corporation (FDIC), the independent agency that insures bank deposits, IndyMac Bank was the third-largest financial institution to fail in U.S. history. In the wake of IndyMac’s demise, two more banks in Nevada and California were recently taken over by the FDIC.

07/31/2008

Don't Ignore Your Privacy Rights

When was the last time you read your financial institution’s most recent privacy policy? If you’re like most people, the answer is probably never. Generally, as a habit it is easy to ignore or toss the inserts included with bank and credit card statements. However,those envelope stuffers in recent bills from your banks, credit card companies, and other financial institutions often include an important notice regarding your privacy rights.