»»»»»»»» FDIC Watch List? Looking for the FDIC banks in trouble watch list?
UPDATE: FDIC BANK WATCH LIST GROWS FROM 90 TO 117 BANKS IN TROUBLE — BUT THEY STILL DON’T PUBLISH THEIR SECRET FDIC BANK WATCH LIST…
Follow the below tips to try and discover if your bank is one of the banks in trouble on the FDIC’s secret bank watchlist…
People want the FDIC banks in trouble watch list of 90 (now 117) banks in trouble…but they don’t publish it…
Googlers are searching hard and heavy for the FDIC watch list and all these variations: fdic, fdic bank watch list, fdic risk list, fdic problem list, fdic watchlist.
Trouble is, the FDIC doesn’t publish the FDIC watchlist — and it wouldn’t really help if they did, because people would pull all their money out the troubled banks, causing further trouble.
Besides, IndyMac wasn’t even on the list of the FDIC’s watchlist of troubled banks!
But they are now on the FDIC’s list of failed banks below.
»»»»»»»» Sign up for email notifications from the FDIC of bank failures…»»»»»»»»
»»»»»»»» Check this list of banks at risk according to Bank Implode (not according to the FDIC) — Bank Implode researches bank write-downs and the like to come up with their own watch list…»»»»»»»»
»»»»»»»» View the FDIC list of failed banks, updated for 2008 with IndyMac…»»»»»»»»
»»»»»»»» Uncover the strength rating of your bank here at BankRate.com »»»»»»»»
My two bank strength ratings are vastly different: My Chase Bank account seems okay with a great strength rating of 5, whilst my National City’s bank strength rating sucks at 1. Therefore when money comes into my National City bank account, I move it right away to pay my American Express bill.
Read about the FDIC’s watch list growing from 90 banks in trouble to 117…
Read this CBS report about the FDIC saying their watch list of banks has grown from 90 to 117, the largest jump since 2003.
Even though the unnerving news that the FDIC’s watch list has grown in leaps and bounds lately has come forth, the report says that most U.S. banks will be able to withstand the storm.
Let’s hope so…
Labels: fdic, fdic bank watch list, fdic risk list, fdic problem list, fdic watchlist ,fidc,fdci,watchlist,what banks are in trouble, 90 banks in trouble, list of banks in trouble, failing banks, banks in trouble list, banks in trouble
July 14th, 2008 at 7:37 pm
IF this is true:
“the FDIC doesn’t publish the FDIC watchlist”
The how do you know for a fact this is true?:
“IndyMac wasn’t even on the list of the FDIC’s watchlist of troubled banks!”
There has to be a copy of the watchlist somewhere, no?
July 15th, 2008 at 12:25 am
If your bank has lost more than 50% of its stock value over the past twelve months, chances are it is on somebody’s watch list.
July 15th, 2008 at 10:28 pm
4 banks that are on the list are Chase, Wachovia, citigroup and Lehman bros.
July 16th, 2008 at 10:52 am
Thanks Robert – That’ll help people further research their bank’s stock value dropping — a hint their bank might be on the FDIC’s watch list…
July 22nd, 2008 at 8:11 pm
George is not telling the thruth, Wachovia, Citigroup are part of the list. Chase is consider the only bank that is trustworthy that is the reason why the FED ask them for help. However you can do your own reasearch. If there is bank where you can trust your savings that is JP Morgan Chase.
July 26th, 2008 at 12:00 pm
So far no one posting seems to have much of a clue what they are talking about. If your bank says FDIC insured on the door, you don’t need to be concerned. Being on a FDIC watch list isn’t a sign that you’re money is at risk, it’s a sign that someone is watching over it to make certain your money isn’t at risk. If you keep your money in a place that isn’t FDIC or some other insured system, then you might want to consider investigating the solvency of that.
The FDIC is the Federal Deposit Insurance Corporation….
August 26th, 2008 at 6:48 pm
Paul,
Your comments are wrong IMO. FDIC has a 30 billion credit line with the Fed. So that’s great and all but what happens when the fed has to bail out freddie and fanny who control 50+% of the mortgages out there that total over 14 trillion dollars? After they bail out Freddie and Fanny where will the money come from???
My advice to everyone is get your money out of banks that were heavily involved in the subprime market and move it to banks that were not. Union bank of California is a good safe bank that did not touch the subprime market.
Banks such as Wa-mu, Wachovia and even B of A (because of the countrywide buyout and involment in the sub prime market) have a good chance of going under.
Hold onto your hats folks. This is going to get ugly until the end of 2011 or later.
August 27th, 2008 at 3:47 pm
ok, dudes, it’s time to “come clean”;…somebody knows where that watch list is, and i want to know where i can see it!!!
August 30th, 2008 at 12:01 am
Just take your money out anyway. Eventually they’re all going to fail. Slow depression.
August 30th, 2008 at 12:05 am
infowars.com
September 15th, 2008 at 2:19 pm
AIG just took over half of the Fed’s total money at over 800 billion. Were doomed my friends…The depression is back and the jumping out of windows will start again in the next couple of days.
September 15th, 2008 at 2:29 pm
The important thing is all of this happened on the watch of the White House, Federal Government agencies and your Congressional representatives.
The important thing is to throw out those that are part of the problem and make sure those you elect understand that as citizens of this great country and as taxpayers your tolerance for government fraud, waste and lack of accountability and oversight is “O”. Until all taxpayers and voters are willing to do that, nothing is going to change! For me personally, I prefer my credit unions to any banks. The majority of them are more responsible lenders and investors and THEY belong to the people!
September 16th, 2008 at 11:44 am
FDIC is not a guarantee that you will get all of your money back at once. They do not have to pay it back in one lump sum.
September 20th, 2008 at 6:39 pm
Unless the rumored 700 billion bailout occurs, only checking and passbook savings up to $100,000 are insured, and only one account per bank. CD’s, Money Market funds, IRA’s,401k’s and all stock and bond markets including mutual funds are uninsured.
September 26th, 2008 at 10:52 am
Herb–
Sorry dude, but go to http://www.fdic.gov and you’ll find specifically what the FDIC does insure. And yes, it does cover CD’s.
September 26th, 2008 at 2:35 pm
The thing people are ignoring here is the fact that your accounts are FDIC insured doesn’t mean that if something goes wrong, you get your money tomorrow, and everything is cool. If you talk to, or read first-hand accounts of people who’ve been through this, it can take years to get your money back from the FDIC.
September 30th, 2008 at 10:29 am
I used to be a broker at EF HUTTON. When I took my series 7, they told us FDIC has 20 years to pay you back. Read the fine print. People are not being told this.
September 30th, 2008 at 6:54 pm
Anyone who thinks their money is safe because of FDIC hasn’t read the rules. NO CHECKING ACCOUNT FUNDS ARE INSURED. If you think your bank is in trouble, get your money out of your checking and into savings (provided you have less than $100,000 in savings).
November 18th, 2008 at 12:31 am
you are wrong – checking accounts are insured – do a Google search or visit fdic.gov