What good is FDIC for?
550649
If the bank fails, your money is insured and you won't lose it, up to a certain amount, I think $100,000
1175185
Some brokers like Fidelity and Scottrade have storefront offices you can walk into.  Or, you could probably do it all by sending checks in the mail.
323690
Pros - none\n\nCons - they take your money, and probably wouldn't fix it right anyway.  \n\nrecommendation - just send me the money, and I'll fix it when it does not break.
787370
a bank is a place where many transactions takes place like,depositing money,withdrawing money,opening accounts,sending money from one account to another,u can also keep ur jewellery or important documents or papers or anything very precious in its locker.\nis it enuf?\n:-)
928263
1. quicker access to money (near to house/business)\n2. comparatively quicker transaction time compared to bank counter\n3. Any time banking (ATM) for 24 X 7\n4. Remote connectivity (distant locations can be served without identification hassles, even beyond countries)\n5. Reduces cash theft related issues. \n6. Increases usage of Plastic money
690269
Yes, I do. Your money is federally insured - FDIC up to a huge amount of money. Just balance your statements and you'll be fine. When you find a mistake, you call them on it. Usually, they put whatever amount of money is in question back into your account until they finish their investigating of what happened. If they are right, they take the money back out of your account. If the bank is wrong - which I have seen before - they send you a letter saying you were right! That's the best part! But they will send a letter either way.
79329
LOL..\nUnlikely! I have never heard of them. The UK banking industry is tightly regulated and most of the banks are national or international groups such as HSBC, Natwest, Barclays, Abbery, Bank of Scotland etc.\nThe FSA regulates banking in the UK: http://www.fsa.gov.uk/
687330
While I'm not a teller, I am in the banking industry.  I think a bank teller is a great job for any competent person.  If you are young and really just need cash in your pocket, it pays good for the amount of work.  If you have future ambitions in banking, most decent banks are willing to move tellers if they can show a strong drive and good work ethic.
562679
Call your bank and find out. Or check if they have a web site and look into it.
811454
Reliance can be a good option because the fund liquidity is maximum as they provide you ATM cum Debit card, from where you can get your money refunded anytime.
547673
No, the FDIC was formed later.
911240
Unfortunately, no.  You can thank our government for this...that's part of the "Patriot Act".  You may want to ask your financial institution why they didn't ask when you opened your checking/savings account!
532750
Don't risk a penny of it. Put it in either a 6 month bank CD or a 6 month Treasury Bill, either of which you can get on the Internet without any fees. Go to treasurydirect.gov for a Treasury Bill or to money-rates.com for a CD to find the best rate on a FDIC insured 6 month CD. Money-rates has links to the banks to make application.
953859
You have to do penetration strategy, since the mission is present and the product is new.  One way is to give existing savings bank account holders added advantage than what they already have from other banks, like service, little higher rates, easy checking facility, atm's in all localities where your customers need them etc. You can also penetrate in work places for customers with your added services.
360488
There are no good banks, the best would be a credit union  there fees are low. and most don't have monthly fees or hidden charges.
325
It depends on the level of service you are looking for. For example, is internet access good enough for you, or do you prefer a bank with local branches? For me, Etrade offers the ease of online access but reasonable interest. On the other hand, Citi bank has many local branches but low or no interet in checking.\n\nThe best site that helps you to compare interest offers is www.bankrate.com. It also rates the reputation of the bank. Once you select the interest level and reputation level that you like, come back here and ask if people have good/bad experiences with that bank. Hope this helps.
447387
Ever heard of The Great Depression? That was what happened when President Herbert Hoover did nothing when the stock markets went belly up and the banks all closed. Roosevelt enacted the FDIC to protect your money and strategically place cash reserves all over the country to avoid another depression.