A Roundup of the Best Rates for the Week

April 21st, 2009 [ Comments ]

Despite the big banks' surprisingly solid first quarter performances that were reported over the past week or two, many banks are still struggling to overcome the effects of the economic downturn. In fact, just last Friday April 17th 2009, two more banks went into the receivership of the FDIC. This brings the number of failed banks for the year to a total of 25 – the total number for last year (2008). While the public's growing optimism and hopes of the economy bottoming are all good news, so far it hasn't quite translated yet to an ease in the bank failures that continue to threaten the smaller banks.

Read more