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The FDIC currently has 775 banks on its "Problem Bank" list. To date this year, 83 banks have failed, about a portion of which did so in next group of organs quarter. That's a truly frightening number by historical standards: About yet another of financial institutions that have failed since 2000 have done so in their early 5 months of '10.

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Another place that banks charges you that most of us are unaware of is transaction fees. For example, if one makes more that 6 withdrawals from a savings account in a month the bank is allowed by Federal Law to charge that you just fee. They do not want you to apply your savings account as a slush fund even though the interest that you were paid on the account is less than four per.

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