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Many Massachusetts savings banks have additional insurance for deposit amounts to $1 Million from the Depositors Insurance Fund (DIF). Chartered in 1934, no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

Here are some ways to ensure your bank accounts are protected. Some of the info we've covered before, some is new.

The Congressional Budget Office released a letter today and outlines the probable cost of fortifying and keeping Fannie Mae and Freddie Mac solvent.

It is time for Dylan Rattigan and his irresponsible group of clowns and morons to be taken off of the air.

You know the competition for deposits is heating up when Bank of America comes out with a competitive CD rate.

I am afraid that the stock market is going much, much lower.

The recent problems with Fannie Mae and Freddie Mac roiled the mortgage markets but they also had the potential to impact many money market funds. The government acted to prevent a bigger problem in both.

Many college grads are increasingly getting laid off and having to take salary cuts. A college education, even an expensive one isn't a guarantee of anything anymore.

More evidence that Bank of America knows exactly what it is doing.

Freddie Mac may slow the purchase of mortgages from banks, reducing the amount of credit available to borrowers and driving up mortgage rates.

It is a given that we are in a serious recession. It is a given too that a number of municipalities will fail as the recession deepens and tax revenues decline. Those with capital preservation high on their list of priorities, will see the writing on the wall and reduce if not eliminate their exposure to municipal bonds before it is too late.

The iPhone is here, it is real and it is Apple's biggest revolution yet. RIMM and Nokia are understandably scared.

Citibank reported earnings today that beat pretty low expectations. The most interesting thing about the story from my perspective was that it did so by paying less for deposits.

Housing construction continues to drop as an oversupply of houses keeps the builders on the sidelines.