Wachovia lost $8.9 Billion this quarter and I just switched to Wachovia with a checking account.......?

Question

Should I be worried about my money?

Answer 1

Your money should be federally insured up to $100,000.  But Wachovia's losses may lead it to charge higher fees, pay lower interest and provide less service.  If that bothers you, you may want to move your account to another bank.

Answer 2

count al your money. check each statement. your money is safe up to $100,000. but the bank can not add.