MoneyRates Blog
Bankers versus Savers
June 3, 2009
By Clark Schultz | Money-Rates Columnist
By Clark Schultz | Money-Rates Columnist
You probably did not see it mentioned in your local newspaper, but the American Bankers Association (ABA) made news last week when in a letter addressed to the FDIC they publicly chastised Ally Bank. The problem? Ally Bank has been offering deposit rates that are too high in comparision to the rest of the banks in the country. That [...]
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Useful Resource from the FDIC: Bank Insurance Calculator
May 13, 2008
By MoneyRates team | Money-Rates Columnist
By MoneyRates team | Money-Rates Columnist
On May 9, 2008, ANB Financial, NA, Bentonville, Arkansas was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All insured deposit accounts have been transferred to Pulaski Bank and Trust Company, Little Rock, Arkansas and will be available immediately. In nearly every [...]
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