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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (10966)	2/5/2012 10:25:02 AM
From: RetiredNow	Read Replies (1) \| Respond to of 34328

It's a good idea. the most solvent banks are now those who service local communities and don't get involved in all the derivatives mess of trading desks. Credit Unions are growing like gang busters. There is a massive trend of individuals and families moving their business from banks like Bank of America to their local Credit Union. This has resulted in a slow bleed of core cash from banks like BoA and other TBTFs and vastly increased the savings in small banks. Unlike the TBTFs, the small banks don't reinvest those funds in Treasuries, but lend it back out to the community, which needs mortgage and small business loans.