Always bank with an institution that is FDIC insured. If your bank goes under at least you know your money will be safe. This only applies to those who have $250,000 or less in their checking/savings account of course since FDIC will only insure up to that much per account. Anyone who has more than $250,000 saved should consider opening several accounts with different FDIC-insured institutions. Anyone who has more than $250,000 saved should also leave me his number. Just to talk.