Reference@TBML

Bank failures, the FDIC and you

Last week, U.S. government regulators announced that U.S. banks need to raise $75 billion dollars in capital to withstand a continuing downturn in the markets. Over thirty banks have failed in the first five months of 2009, that’s more than 2008 and 2007 combined. (None of those banks, incidentally, are in New Mexico) What does this mean for you, the average person?

The Federal Deposit Insurance Corporation (FDIC) has tons of information for people who are concerned about their assets in a declining market.

MyFDICinsurance.gov ‘s Electronic Deposit Insurance Estimator is an online tool that allows you to see how much of your existing bank balances will be insured if your bank fails.

The FDIC’s consumer page has links to information about bank closings, deposit insurance, consumer protection assurance, real estate, housing and loans and more.

If you’d like to learn more about banking trends and research, the FDIC has a great Industry Analysis page, with information on failed banks, trends and information on specific banks, with a searchable database.

MMN

Business@Branigan!

Join us for a week of FREE Business Seminars and Classes!

Throughout the week of July 14^th, the library will be offering seminars and classes to help you improve your business skills. We’ve got everything from interviewing skills to franchising. Seminars will be taught by successful retired business executives from the Las Cruces S.C.O.R.E. chapter and Branigan Library Staff.

To register, please call 528-4005, visit the Branigan Library Information desk, or email bsauer@las-cruces.org.  Please note that space is limited for some seminars.

The schedule is as follows:

Monday, July 14th:

9 AM-12 PM: Email Set-Up / Email for Beginners (Space is Limited)

12-2 PM: Accounting Basics

2-4 PM: Word for Beginners (Space is Limited)

4-6 PM: Writing Cover Letters Using Microsoft Word (Space is Limited)

6-8 PM: How to Start Your own Business

Tuesday, July 15th:

4-6 PM: Creating Resumes Using Microsoft Word (Space is Limited)

6-8 PM: How to Start and Run a Home Based Business

Wednesday, July 16th:

2:30-4:30 PM: How to Successfully Interview to Get the Job

Thursday, July 17th:

12-2 PM: Searching for Jobs Online

6-8 PM: Franchising 101

Friday, July 18th:

1-3 PM: How to Start Your Own Import/Export Business

Saturday, July 19th:

9-11 AM: How to Successfully Write a Resume and Cover Letter

11 AM-1 PM: Creating Resumes Using Microsoft Word (Space is Limited)

1-4 PM: Email Set-Up / Email for Beginners (Space is Limited)