Visited the FDIC website

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

http://www.fdic.gov/

An interesting place to visit. Supposedly only 9 out of the 10,292 insured institutions are not yet ready. There is a search mechanism to check your banking facility.

I remain skeptical, nonetheless.

-- C Deitchman (cdeitchman@bigfoot.com), November 07, 1999

Answers

Skepticism is a good thing, in this instance...

-- Nabi (nabi7@yahoo.com), November 07, 1999.

Sunday Examiner & Chronicle "Parade" (Hillary and Bill are on the front of it) November 7, 1999 - Page 18 "Parade Special Intelligence Report," by Jane Ciabattari

Is your Bank Ready for Y2K?

With Jan. 1 just 55 days away, many of you may be worrying if your bank accounts will be affected that day by Y2K, the well-publicized computer glitch. Donna Tanoue, chair of the Federal Deposit Insurance Corp., assured us that only 15 of the country's 10,292 insured banks are not ready for Y2K. Because of the public's concerns, the FDIC--which insures accounts for up to $100,000--will list the banks considered unsatisfactory at www.fdic.gove, its Web site.

At press time, nine banks had "need to improve" ratings, and six were rated "unsatisfactory." The FDIC is working with them now and will do a final check before the third week in December. Banks that remain unsatisfactory will be issued enforcement actions. The FDIC says it will contact each of the 10,292 banks at least once over the December 31-Jan. 2 weekend.

-- bardou (bardou@baloney.com), November 07, 1999.


"will list the banks". WHEN?

Article goes on to say they will work with them to the third week of DECEMBER!

Then what? Finally post the 15 losers with a week left in the year?

GREAT PLAN.DON'T TELL ANYONE WHICH ONES , SO KEEP EVERYONE AT RISK SINCE IT COULD BE THEIR BANK.

-- profit of doom (doom@helltopay.ca), November 08, 1999.


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