Wednesday, August 17, 2011

Money in cd at Corus Bank, could bank go under? do you think I have high risk?

I have over 200k in a cd at Corus Bank. With the news of IndyMac going under I looked up the stock at Corus Bank and noticed it is at a low of $3 a share. I'm worried this bank is also having a lot of financial troubles. what would happen to my money if this bank went bankrupt? do you know anything abut the financial status of this bank. do you think I should just remove my money early and take a $2000 loss on interest. currently my cd expires in 4 months.

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