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Not sure where to ask this, but I need suggestions...

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CShirk Posted: Tue, May 26 2009 3:48 PM

One of my brothers and I are working on starting our own business. I know, probably horrendous timing, but we're kind of backed into a corner and it's either attempt to make a successful venture or go financially insolvent, both of us either having been or are in the process of being recession-screwed (read f***ed over by the FED and the Federal Government).

Does anyone know of any good, stable banks that we could work with?

Alternatively, can anyone direct me to where I might be able to get this question answered or where I should go to research the matter?

 

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CShirk:
Does anyone know of any good, stable banks that we could work with?

For what purpose?  Securing a loan?

If you find something evil that wobbles, push it. - Gary North

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CShirk replied on Tue, May 26 2009 5:33 PM

Deposit accounts. We're trying to avoid loans like the plague.

 

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Stranger replied on Tue, May 26 2009 6:04 PM

If all you're doing is deposit banking, then any bank is safe. If you're worried, use multipe banks.

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Well, as long as you are in US cash, then FDIC is as good a guarantee as any.

If you exceed FDIC insured deposit levels, look into CDARS

http://www.cdars.com/index.php

hth

If you find something evil that wobbles, push it. - Gary North

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CShirk replied on Tue, May 26 2009 6:53 PM

Cool. Thanks, ya'll!

 

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