i asked a question concerning the statement on our financial that states that our reserve funds may not be not be or may be in excess of FDIC insurances.
Read the responses at the habitat CO-OP magazine . A magazine everone should read, unless they don't care about losing all their monies.
Board Talk / Activities / Home - Habitat Magazine
Thursday, May 13, 2010
FDIC regulators close seven banks; failures may cost insurance fund $7.33 billion
i always thought is was totally insane in the last two years to keep any of our reserve funds in non fdic insured funds. i wouldn't keep my personal monies in a non fdic fund, yet i see every year on our co-ops financial that our reserve fund may not be fdic insured.
FDIC regulators close seven banks; failures may cost insurance fund $7.33 billion
FDIC regulators close seven banks; failures may cost insurance fund $7.33 billion
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