Citigroup Inc. will acquire the banking operations of Wachovia Corp

It's a shame that another one of the biggest banks has walked out on us. I think that this is becoming a domino effect. Although the FDIC insures savings accounts up to $100,000 ....it doesn't guarantee an equity line of credit. So the question for most in this situation would be to leave the account open or start withdrawing the money and putting it in another bank.

Please read the whole story >>>HERE

For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax Premier Assoc.

2500 Weston Road ,Suite 103

Weston FL 33331

(954)608-5556

The Real Deal tells it Like it is in Real Estatecopyright © 2008-All rights reserved