FDIC will insure your deposits to $250K through December 31, 2013, when the insured amount will return, absent further effort, to $100K.
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FDIC Insurance to $250,000. - extended to December 31, 2013
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Corus Bank goes under
This one took me by surprise.
Regulators seize Corus Bank, plan sale of Vegas projects
Regulators seize Corus Bank, plan sale of Vegas projects
I had a LOT of money in this bank - because it had the highest interest rate lately. I should have noticed all the failing projects in Vegas underwritten by Corus Bank, but somehow it didn't click.
Luckily I had under the FDIC insured amount in there.
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