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But the troubles are growing so rapidly at some small and midsize banks that as many as 150 out of the 7,500 banks nationwide could fail over the next 12 to 18 months, analysts say. Other lenders are likely to shut branches or seek mergers.
Originally posted by Angry Danish
My bank is currently guaranteeing 5% interest on all accounts that contain $25,000 or more in them. My dad thought it was a great deal. I see it as a ploy to keep liquidity.