Are canadian banks safe?

Answer On One Hand: Candian Banks Are SafeAccording to the World Economic Forum in Geneva, Canada's financial system is the healthiest in the world. No Canadian bank has gone belly up or even asked for as... Read More »

Top Q&A For: Are canadian banks safe

How to Cash Canadian Checks in U.S. Banks?

If you have received a check in the mail from a Canadian bank, cashing it or depositing it into an American bank account may be a minor challenge. Some banks are more accepting of international che... Read More »

How do I deposit Canadian checks in US banks?

Locate a BankContact your usual banking institution. Ask if they will deposit the Canadian check and what the fees are, if any. Ask how long you must wait before the funds are available in your acc... Read More »

Are internet banks safe?

On One Hand: Check LegitimacyAccording to the Federal Deposit Insurance Corporation (FDIC), an internet bank is safe if you can confirm its legitimacy. A legitimate online bank should have an "Abou... Read More »

Are community banks safe?

On One Hand: Some Are SafeAccording to Karen Tyson of the Independent Community Bankers of America in an article in Newsweek, the majority of community banks did not participate in the subprime len... Read More »