Alert: 1 in 10 Banks in Serious Trouble!
Have you noticed that you don’t see any headlines these days about bank failures?
Don’t be fooled! The media may have lost interest, but we are still in the full throws of a banking crisis. In fact, things are MUCH worse than before, with 90 bank failures already in 2010-- DOUBLE the rate this time last year.
And there is more trouble on the horizon, with a whopping 775 banks on the FDIC’s troubled bank list. That’s 1 out of every 10 banks!
And that makes this the perfect time to consider a safer, cheaper alternative to your bank—a credit union.
Here are five ways a credit union beats your bank hands down…
Ken and Daria Dolan have hosted their own national radio program for 22 years, anchored their own television shows on CNN, authored six books on money matters, served as money contributors on CBS This Morning and have now launched a comprehensive web site and free e-letter at Dolans.com.
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