Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is it safe to move mothers savings to high interest online banks?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes jeep under $260k and don’t use ally. [/quote] What's wrong with Ally and what does a jeep have to do with it? J/k but seriously, what's wrong with Ally?[/quote] Nothing is wrong with Ally--it was on a list of banks that held low interest long-term loans like SVB did which reduces liquidity during an interest rate rise. But SVB's real red flag wasn't that--it's that 97% of its deposits were beyond the 250k limit and so there was a bank run of people on the amount that isn't insured. Ally is nearly all deposits under 250k so all FDIC insured. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
