Replies to post #30102 on Options Wonderland

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An action list of recommendations: How to check on the safety level of your bank:

A.) Check on the safety level of your Bank, S&L, or Credit Union that you are banking with.
B.) To do this, go to this link: http://www.veribanc.com/
C.) When you get to their web page, click on the link I circled in red as seen below:



D.) By clicking on the above link, it will take you to the Order Form page I posted below. Don’t get intimidated by all the options you see below … I will make it simple and easy for you and circle the exact things you need to do.

NOTE: There are 30 different reports that Veribanc offers. I have made it simple … order the "Short Form Report" which I show below. It is only $25 and it tells you if your financial institution is a Blue Ribbon Bank, their total assets, equity, net quarterly income, previous quarter’s rating, and the estimated Regulatory Classification (My bank’s classification was “Well Capitalized” which is what I wanted to see.)

There is an “Instant Rating Report” for $10. Don’t get that one … you just get a verbal report if the bank is a Blue Ribbon or 3 Star (or other rating) and none of the other important details.

What to do: Obviously, if you get a report where your bank has serious problems, then "find a new bank ASAP". With excellent Veribanc information, there is no reason for anyone to be in a risky banking institution in this day and age.

We hope you enjoyed this special update and found it helpful. We know this information is not about the stock market, but it is about the safety of your money and future retirement funds which is one of the missions of StockTiming.com. (Feel free to use the link at the bottom of this page to forward this page to your colleagues, family, or friends.)