Can hardly believe it's been a week since my last post. So many 'things' going on that it's been hectic to say the least.
And to top the week off (or end it may be a more accurate term) Logged into one of my bank accounts very early this a.m. and SPLAT - this notice came up on the screen:
"On July 25, 2008, First National Bank of Nevada, Reno, Nevada was closed by the Office of the Comptroller of the Currency (OCC). Subsequently the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed."
Completely caught me off guard. I was in the 1st National Bank of Nevada earlier in the week and didn't see / hear anything amiss. Wow. We only had a small amount in that bank - we were planning on closing the account anyway - and I can still get my money out so no worries there. Mutual of Omaha is buying the bank and all the funds are completely secure (FDIC). Since I don't have over $100,000 in that, or any other bank for that matter, all is well. Wish I did!!!
Makes one wonder not only about the economy as it currently stands, but where it will lead us in the future. Kinda scary thoughts fleetingly darted through my head when I first read the notice on the screen. But I have faith. Lots of faith. Now I need to get another cup of coffee.
~ Marge ~