answersLogoWhite

0

Is decatur first bank in trouble

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Finance

Can you get in trouble for depositing 10000?

The United States government does require banks to report any deposit over 10,000 dollars. If there is a legitimate purpose for the deposit, there should be no trouble.


How many banks and businesses failed between 1929 and 1933?

Over 25,568 banks failed between 1921 and 1933. Thousands of other businesses also ran into trouble


Why are all these banks closing down?

They aren't. Only ones which got greedy and went overboard with subprime loans are in trouble.


Do most banks offer online balance transfers?

Most banks do offer online balance transfers. The best way to find out your rate is to already have online banking in place for yourself. If you have trouble with it, most banks also offer a customer service number you can call and they will help you out.


Is SunTrust Bank in trouble?

All banks have had some trouble. The question is changed to how does the trouble effect you. I will answer this in three ways: If you have money in a savings account, will you have trouble if it is with Sun Trust? Answer is no if it is less than $250,000. Second question: If you work for Sun Trust, will you have trouble in the long run? Answer yes, no and maybe. A bank make mortgages and sells them to have more cash available for additional lending. If fewer people apply for mortgages, the banking business will shrink. This is all banks, not Sun Trust in particular. Third question: If I own stock in Sun Trust, am I am trouble of losing money? Answer again is a yes, no and maybe. Stock holders have already taken a beating. As of October 10, in the morning, it appears that Friday will be very bad. But how's Sun Trust's business in general? Analysts say that they may have to cut the dividend to raise cash. Not good. There's large redemptions recently- and it could get worse. Longer term, I don't want to speculate.

Related Questions

Where can you get a 2 dollar bill?

Most large banks should have no trouble getting them.


Why did Andrew Jackson take away the federal charter?

he was not in favor of banks he knew they would bring trouble... he set up state banks that were called "pet banks" these later resulted in Panic of 1837


Can you eat seeds in seed banks?

No. Seed banks are for preserving species in case of an emergency. Many are endangered and sometimes poisonous. You would get in trouble if you were to eat them without permission.


Can you get in trouble for depositing 10000?

The United States government does require banks to report any deposit over 10,000 dollars. If there is a legitimate purpose for the deposit, there should be no trouble.


Why did ned kelly get in trouble by the police?

ned kelly got in trouble by the police because he shot 3 police men, robbed 2 banks and stole cattle.


How many banks and businesses failed between 1929 and 1933?

Over 25,568 banks failed between 1921 and 1933. Thousands of other businesses also ran into trouble


Why is it important to monitor the earnings performance of banking institutions?

Banking institutions are an important source of working capital funds for all other businesses. To the extent that banks are in trouble, that trouble is likely to impact all elements of the economy. Banks not earning a sufficient return can be an early indicator of wider problems.


Why are all these banks closing down?

They aren't. Only ones which got greedy and went overboard with subprime loans are in trouble.


Do most banks offer online balance transfers?

Most banks do offer online balance transfers. The best way to find out your rate is to already have online banking in place for yourself. If you have trouble with it, most banks also offer a customer service number you can call and they will help you out.


Who creates bad banks?

By "bad banks" I assume you mean banks that are in financial trouble. Such banks are referred to as "problem banks" by the Federal Deposit Insurance Corporation (FDIC) which regulates banks and insures customer deposits up to specified limits. Despite the recovery in the economy since the financial crisis there are still 467 banks on the confidential FDIC Problem Bank List as of the latest reporting period. The FDIC makes an assessment of a bank's financial condition and assigns a CAMELS rating of 1 to 5 with 5 being the worst rating. CAMELS stands for capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk. Banks usually get into trouble by making poor lending decisions. Losses on defaulted loans can deplete a bank's capital to the extent that regulators are forced to close the bank to protect depositors.


How many HSBC banks are there in the UK?

Im having trouble with that right now, and I need help for my course-work if any body knows please help !


Is it possible to finance a car for 7 months and then switch banks?

Sure. But unless you are getting a far lower interest rate it's not worth the trouble. Possible but not practical