As I don't know where you bank, I don't know how (un)exposed your bank is.
AFAIK, my bank (Commerce) is probably OK. It's not one or part of one of the new Big 3 (BofA, Citi, JPMorganChase) who I understand now have 30% of all depositors in the country between them. Before it's current merger, it didn't do a lot of mortgages that I know of, and it's credit card business seemed limited to already existing customers. And the bank it's merged into is a Canadian "Big 5" bank (TD) that didn't fool with that subprime garbage at all, at all, at all.
no subject
As I don't know where you bank, I don't know how (un)exposed your bank is.
AFAIK, my bank (Commerce) is probably OK. It's not one or part of one of the new Big 3 (BofA, Citi, JPMorganChase) who I understand now have 30% of all depositors in the country between them. Before it's current merger, it didn't do a lot of mortgages that I know of, and it's credit card business seemed limited to already existing customers. And the bank it's merged into is a Canadian "Big 5" bank (TD) that didn't fool with that subprime garbage at all, at all, at all.