Deposits

RECENT NEWS
Bloomberg  Jul 1 
(Update3) Advanta Corp., the credit-card lender that shut down its small-business accounts, was ordered by regulators to plan on halting bank operations and pay customers $35 million because of allegedly “unsound” practices.
Insurance Journal  Jul 1 
Florida returned over $173 million in unclaimed property for the most recent fiscal year-- the largest amount in state history, according to CFO Alex Sink and her Bureau of Unclaimed Property. ...
MarketWatch  Jun 23 
The Federal Deposit Insurance Corp. proposes extending a program that provides unlimited deposit insurance for non-interest-bearing deposits by six months.
Invest In India  Jun 22 
It is very rare you get to see an advertisement of small saving schemes but then also more people invest in these schemes in comparison to bank deposits the reason being the interest given on these schemes and savings plans are tax free. But now...
Banking Business Review  Jun 17 
Digital Check wants to support check imaging and check truncation in Brazil, as it is proving to be an important emerging market for it.
Bankstocks.com  Jun 8 
Metropolitan Bank opened its doors in March 2008 and today has assets that exceed $300
Zero Hedge  May 30 
The FDIC's Deposit Insurance Fund has plunged to an all time low of just $13 billion as of March 31, or 0.27% of $4.8 trillion in insured deposits. It is worth nothing that since March 31, 15 new banks have failed which includes the biggest one...
CNNMoney.com  May 22 
Strategic Capital Bank and Citizens National Bank failed on Friday, bringing the total bank failures for 2009 to 36, up from 25 in all of 2008.
blue chip bulldog  May 22 
Move Designed to Maintain Public Confidence and Ensure That the Deposit Insurance Fund Remains Positive by bluechipbulldog@gmail.com (moo) Press Release FDIC Adopts Final Rule Imposing a Special Assessment on Insured Depository...
Motley Fool  May 21 
Is the FDIC's guarantee of bank deposits a benefit to the system?
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