Misc Do you Google your Bank?

Mr. Krab · 03-08-2009, 11:18 AM

It seems banks and credit card companies are folding and being sold every week. Do you Google your financial companies to see if any impending doom is heading your way?

Mr. Krab · 03-08-2009, 11:58 AM

I'm really surprised so many people aren't more concerned about whether their bank is going to go belly up.

Stewie · 03-08-2009, 12:00 PM

I belong to a Credit Union who's finances are completely transparent and very solid. They would never consider buying the junk the banks did.

Sure-Oz · 03-08-2009, 12:12 PM

Credit Union ftw

**DaFace** · 03-08-2009, 12:17 PM

Quote:

Originally Posted by Mr. Krab's

I'm really surprised so many people aren't more concerned about whether their bank is going to go belly up.

Isn't that what the FDIC is for? As for credit cards, we owe THEM money rather than the other way around, so I couldn't care less if they go under.

StcChief · 03-08-2009, 12:26 PM

Quote:

Originally Posted by DaFace

Isn't that what the FDIC is for? As for credit cards, we owe THEM money rather than the other way around, so I couldn't care less if they go under.

this.

damaticous · 03-08-2009, 02:20 PM

I work for a bank that is, believe it or not, doing pretty well. I still have a job at least.

Believe it or not, most community banks are doing ok.

Ok, yeah, we requisitioned a bank from Topeka, but you'll find that a lot lately.

Your money is safe in a bank....period. regardless of the economy....it'd have to get a lot worse than it is now to start taking your money out of the bank.

RINGLEADER · 03-08-2009, 03:06 PM

Quote:

Originally Posted by damaticous

I work for a bank that is, believe it or not, doing pretty well. I still have a job at least.

Believe it or not, most community banks are doing ok.

Ok, yeah, we requisitioned a bank from Topeka, but you'll find that a lot lately.

Your money is safe in a bank....period. regardless of the economy....it'd have to get a lot worse than it is now to start taking your money out of the bank.

I can second this. I have a friend who owns a piece of a bank (not a huge piece or anything but he does get to see their statements) and sales grew by 17% last year. It's a community bank without a lot of exposure in mortgages (and the exposure that it does have was loaned properly to, you know, people who could afford the kind of house they were buying).

MTG#10 · 03-08-2009, 03:11 PM

The bank that owns the loan to my house has already gone under and now I have to make my mortgage payments out to "FDIC As Receiver For ***** Bank". Doesnt effect me at all.

View Poll Results: Do you Google the status of your Bank and Credit card companies?
Yes, i absolutely try to keep up on the status of my financial companies	4	20.00%
No, i don't. Ignorance is bliss	8	40.00%
What?	8	40.00%
Voters: 20. You may not vote on this poll

03-08-2009, 11:18 AM
Mr. Krab Big Red Nuts Join Date: Sep 2005 Location: Kansas City Casino cash: $10004900	Do you Google your Bank? It seems banks and credit card companies are folding and being sold every week. Do you Google your financial companies to see if any impending doom is heading your way?
Posts: 3,512

03-08-2009, 11:58 AM	#2
Mr. Krab Big Red Nuts Join Date: Sep 2005 Location: Kansas City Casino cash: $10004900	I'm really surprised so many people aren't more concerned about whether their bank is going to go belly up.
Posts: 3,512

03-08-2009, 12:00 PM	#3
Stewie MVP Join Date: Oct 2006 Location: West of the Equator Casino cash: $1629901	I belong to a Credit Union who's finances are completely transparent and very solid. They would never consider buying the junk the banks did.
Posts: 13,629

03-08-2009, 02:20 PM	#7
damaticous lurker Join Date: Sep 2003 Location: home Casino cash: $9979900	I work for a bank that is, believe it or not, doing pretty well. I still have a job at least. Believe it or not, most community banks are doing ok. Ok, yeah, we requisitioned a bank from Topeka, but you'll find that a lot lately. Your money is safe in a bank....period. regardless of the economy....it'd have to get a lot worse than it is now to start taking your money out of the bank.
Posts: 1,356

03-08-2009, 03:11 PM	#9
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7414386	The bank that owns the loan to my house has already gone under and now I have to make my mortgage payments out to "FDIC As Receiver For ***** Bank". Doesnt effect me at all.
Posts: 11,432