Financially Secure Banks

latetoschool
Sun, 20 Jul 2008 03:30:32 +0000

Alwaysamom’s suggestion is a terrific one; FinTRAC - the Canadian equivalent of FinCEN here - just issued their rules regarding money laundering, etc. In addition, I recommend at least glancing at The Financial Times once a day, just to see if there is anything amiss. But the major, large institutions are very “safe”, especially for balances < $100,000 which are of course FDIC covered. Mxjeff has it right - structure your accounts properly.