Tuesday, June 16, 2009

How is Your Bank Doing?

Today the AP announced that it will distribute work by four investigative non-profits being: "the Center for Public Integrity, the Investigative Reporting Workshop at American University, the Center for Investigative Reporting, and ProPublica." This is a six month trial arrangement due to the fact that newspapers rarely offer investigative reporting while there is an ever-increasing non-profit sector offering such. A trail marriage, if you will.

One such site is the second offering a tool for researching the current financial status of your your bank with current FDIC numbers. Click here. Citizens Bank has its main office in Prov. while you can find Newport Fed & Bank Newport here in Newport.

Two banks in R.I. rec'd bailout funding. They are: Bankcorp of R.I. & Independence Bank. (via Propublica)

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