3 more Colorado banks in trouble…

Federal regulators issued major enforcement actions on Friday. Three banks in Colorado; Bank of Choice, Signature Bank and Pueblo Bank and Trust; were given directives by the Federal Deposit Insurance Corporation (FDIC) to raise capital or risk being shut down. When a...

What! I am not covered?

Homeowners’ insurance or even renter’s insurance isn’t a fun topic to discuss. We don’t want to think about what could happen to our homes, condos or apartments in a natural disaster or other catastrophic event. Denial doesn’t make these...

Do you have a home safe?

The Earthquake in Japan is very tragic but there are many things we can learn.  The short article below shows how important it is to store your valuable documents and items (including cash) offsite in a safe deposit box.  Keeping these items at home and in a safe is...

Curtain Pulled Back on 2007′s Bank Run

Fed documents show how dire crisis was becoming In August 2007, as world financial markets were seizing up, domestic and foreign banks began lining up for cash from the Federal Reserve Bank of New York. That Aug. 20, Commerz bank of Germany borrowed $350 million at...