Aug
21
2009
Who Killed 21 Georgia Banks?
Posted by: in Mortgage Loan News, tags: Bank Failure, Banks News, County Commissioner, Excerpt, Fdic, Georgia Banks, Georgia News, Hazel, Little Bitty, Monday Morning, Money, News Sources, Paycheck, Social Security, Social Security Payment
News Sources wrote an interesting post today on
Here’s a quick excerpt
“It does gall you. Just because we’re a little bitty county doesn’t mean we don’t need a bank. It wasn’t our fault.” – Hazel Bedingfield, 79, who now travels 24 miles for her Social Security payment at her new bank You deposit your paycheck on Friday and can’t get money out on Saturday. But don’t worry, the FDIC will cut you a check on Monday morning. Your county commissioner tells the evening news: “The bank failure opens up an opportunity for another bank to set up here. Until then, c
Here’s a quick excerpt
“It does gall you. Just because we’re a little bitty county doesn’t mean we don’t need a bank. It wasn’t our fault.” – Hazel Bedingfield, 79, who now travels 24 miles for her Social Security payment at her new bank You deposit your paycheck on Friday and can’t get money out on Saturday. But don’t worry, the FDIC will cut you a check on Monday morning. Your county commissioner tells the evening news: “The bank failure opens up an opportunity for another bank to set up here. Until then, c
Read the rest of this great post here
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