The results of the buzzworthy Bank Stress Test, released Thursday at 5 p.m. Eastern, say 10 out of the 19 biggest U.S. financial institutions need a combined $75 billion to stay afloat through the financial downturn.

My bank, Bank of America, was found to need the most cash -- almost $40 billion. But the bank I'm soon leaving it for, US Bank, was one of the eight, TheStreet.com reports, that doesn't need an additional infusion of money to survive.

I'm feelin' right now like I made a pretty good choice.


Increase your money and finance knowledge from home

Basics of Diversification

Learn one of the fundamental concepts of building a portfolio.

View Course »

What Is Your Risk Tolerance?

Answer the question "What type of investor am I?".

View Course »

Add a Comment

*0 / 3000 Character Maximum