1000 banks to close, any local institutions?

Posted in: NAP- Neighborhood Alliance of Pawtucket
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  • ludlow1
  • Respected Neighbor
  • Pawtucket, RI
  • 442 Posts
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Dear Arthur,

AOL reported that 1000 banks may be closing by the end of the year.  Any scuttlebutt as to which local banks may be endangered?

In essence, I am getting my shoeboxes and pillowcases ready for money storage.

 

Peace,

Jim 

 

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  • nap
  • Respected Neighbor
  • Pawtucket, RI
  • 3152 Posts
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I think we are safe here

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  • nap
  • Respected Neighbor
  • Pawtucket, RI
  • 3152 Posts
  • Respect-O-Meter: Respected Neighbor

I think you might note the business section today of the Projo indicates a number of banks and credit unions here have dollars to loan and have not relied on the shaky mtg or loan market.

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