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Bank Watch List

September 30, 2008

This is a follow-up article on the the last article I wrote on July 28, 2008. This is part of the “Is your money safe?” series. With the crash of the stock market, as everyone knows there are even more banks introuble.

Banks are supposed to be (FDIC) insured by the federal government, Credit Unions are also insure (NCUA). 90 bank watch list as published by The Bank Implode Meter, these are banks that have all been audited and written up for something. This list keeps getting longer. The government with the current bailout plan proposed will not be able to save all of these banks in trouble.

Level 3 watch Bank List.

  1. Fifth Third Bankcorp 9-30-08 (crashing)
  2. National City 9-29-08 (crashing, waiting on implosion)
  3. Morgan Stanley 9-26-08
  4. Bank of America 8-14-08
  5. Merryl Lynch 9-15-08
  6. HBOS PLC 9-19-08
  7. National City 9-04-08
  8. Bank of America 8-14-08
  9. Citigroup 8-07-08
  10. Sun Trust 7-22-08
  11. JP Morgan Chase (near level 3)
  12. Goldman Sachs (near level 3, may still come out alive)

Failed Banks/ Credit Unions List.

  1. Watchovia Bank 9-29-08
  2. Washington Mutual (WaMu) 9-24-08
  3. Ameribank, Inc., WV 9-19-08
  4. Interfaith Federal Credit Union 9-17-08
  5. Lehman Brothers 9-11-08
  6. Silver State Bank 9-5-08
  7. Integrity Bank, GA  8-29-08
  8. Columbian Bank and Trust, KS 8-24-08
  9. First Priority Bank, KS 8-1-08
  10. First National Bank of Nevada 7-26-08
  11. First Heritage Bank N.A. 7-26-08
  12. Indy Mac Bank Corp 7-11-08
  13. First Integrity Bank 5-31-08
  14. ANB Financial 5-09-08
  15. Carnation Bank 5-09-08
  16. St. Luke Baptist Federal Credit Union 5-07-08
  17. Hume Bank of Hume, MO 3-10-08
  18. Douglas National Bank 1-28-08
  19. Huron River Credit Union 1-19-08
  20. Green Tree Federal Credit Union 1-19-08
  21. Metropolitan Savings Bank 1-19-08
  22. Miami Valley Bank 1-19-08
  23. Net Bank 1-19-08
  24. Sharebuilders Federal Credit Union 1-19-08
  25. Freemont General
  26. Bear Stearns
  27. Northern Rock PLC
  28. Coast Bank

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