How do you get up to date bank news? Please share any helpful website or other way to find out.

Question

I took some money from wamu to wells fargo.....

I want to check bank info, so something like indymac happening does not happen to me.

Answer 1

There will always be rumors flying around. To be safe, just make sure you don't have over 100K at any bank if you are afraid of a bank shutting down. (250K max for IRA account)

If you are under the above max, your money will be insured by the FDIC.