If you didn't already know, we're not out of the woods yet.
The FDIC released their Quarterly Banking Profile with data from 12/31/2009. The 'problem' bank list continues to grow, rising to 702.
According to the FDIC:
"Both the number and assets of 'problem' institutions are at the highest level since June 30, 1993."
By now you're probably familiar with FDIC protection. However, it's been a while since we had a soberning reminder that plenty of banks are still going to fail.
Check to make sure your deposits are insured, and spread them out if they're not. Remember that increased FDIC coverage of $250,000 per depositor is still available.
Further reading:
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