Alarming Article from CNN Money – Bank Failure Rate

This week I ran into an article on CNNMoney.com that talks about how one in every 11 banks is at risk of failing. There are over 700 banks on the FDIC watch list today! That’s the highest number since 1993!! The number has been growing since the recession started. As the article states, the list was at only 76 in 2007.

For a complete copy of the article, and also to hear FDIC Chairman Sheila Blair speak on why more banks will fail in 2010 Click Here.

Now is the time to provide your clients with safe and insured assets.
February is proving to be the biggest month of the year – thank you for all the hard work.

MJN

Empowering the Country’s Best Advisors to Become Better.
Click Here for More on “The Advisor’s Advisor”
825 S. Kansas Avenue, Suite 510 ::: Topeka, KS ::: 66612
866.363.9595 ::: matt.neuman@advisorsexcel.com

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