Amelia, typically the FDIC has no idea who's in trouble until a real crisis occurs. and, further, if there were a list of potentially failing banks, it would only cause consumers to pull their money out; creating the very failure the FDIC is hoping to prevent, a 'run on the bank.'

The worst thing we the people can do is panic and take our money out the banks. Look at what happened in 1929. That is what I think what would happen. I do not work for any banks.

IndyMac wasn't even on the FDIC's list.

Bankrate.com has a feature where you can select your bank and see a consensus rating from 1 (safest) to 5 (bad news.

good question. at least list the ones who have closed their doors. I have a site for fdic ratings. if you e mail me, I'll send it to you.

Think about it.... why won't they tell us???????

I would like a list also

When all is done Chase , Wells Fargo & Bank of America will survive this economy

because that would cause widespread panic and our economy would collapse.its that simple, widespread panic would ensue people rushing out to the banks riots ect.think it wouldnt happen....it would, your question is proof of that. as long as your money is 100000 or below and your bank is fdic insured you have nothing to worry about.

GREAT QUESTION: I AGREE, THERE SHOULD BE A LIST.

You have some very interesting items. Why aren't the names disclosed of banks that are about to fail or are closing their doors?

LeRoy

The rational for not reporting the banks that are in trouble is this: First, depositors in fear of loss, could actually cause the bank to fail, whether it was in true default or not.

Second, if bank's customers have heeded the warnings that have been told them over and over for years and years, don't have deposits over the FDIC insurance limits, there is no danger of not knowing the bank is approaching insolvency.

Hi Amelia, I am new to this sort of communication so if there is a better way to get an answer to my question please let me know. I heard that depending on the number of banks that might close (I have read 90-100+) the FDIC will get your $100k to you but like the pension guarentee fund, the FDIC could take as long as they need to repay you and you will earn no interest while being repaid and they could lower the payment to you as demand increases?

Apprciate your help

Jim

always those who have less are at risk.
people with BIG MONEY keep they millions in a off-shore bank or in switzerland.

I agree with you one hundred percent. why don't they just list the banks that are in trouble

Because the federal government wants your money. So long as you have money within these establishments, they will recover some the monies owed them when the bank is closed. Uncle Sam will get his first and the people last...

IF YOUR LOOKING TO CREATE A BANK CRASH. YOU WOULD ADMIT WHICH BANKS ARE IN TROUBLE. TO KEEP IT QUITE YOU LESSEN THE CHANCE EVERYONE WILL RUN DOWN TO THE BANK AND PULL THEIR MONEY OUT. ITS THE SAME AS WHAT HAPPENED BACK IN THE BIG DEPRESSION IN THE 1940'S . EXCEPT NOW ALL ACCOUNTS UP TO $250,000.00 ARE FDIC INSURED SO NO ONE ACTUALLY LOOSES MONEY UNLESS YOU HAVE MORE THAN THIS AMOUNT IN YOUR ACCOUNT. WHICH PAYS THE RICH BACK FOR BEING STUPID WHICH MOST ARE NOT.

There was a long discussion of this issue by the New York Times Public Editor on the op-ed page yesterday.

The list doesn't help....when you have the 7th largest bank such as IndyMac fail and they weren't on the list, how will it help...A piece of GOSSIP gets out and the media picks up on it then their is a frenzy , their stock plummets and they are force to close there doors. Look at the same with the comments on Fannie and Freddie, they weren't substantiated, Bernacke retracted what he said, their stocks went back up. WE will get through this, we just need patience and make sure you have your funds in an insured bank.