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Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution's federal takeover.
Originally posted by TruthWithin
reply to post by JSR
Very simple. Your bank is required to give you their financial information. Check to see what their "Liquidity" is, or "cash on hand". This is their cushion and when that gets depleted - the bank is in trouble. Because your bank is a credit union, chances are you will weather this storm pretty well, just keep your eyes open.
Also, kind of a silly way to check, and this isn't always right, but check the levels of withdraw slips at the little front counter thingie with the pens and the calculators. You can sometimes notice that a lot of people are taking their money out if the stacks are low and disheveled. Also, when you're in line, take not of how many deposit slips you see vs the number of withdraw slips you see. By way of probability, there should be slightly more deposit slips.
Hope that helps.