CAROL ROTH: The money in your 'safe' savings account could vanish overnight

Illinois woman's six-figure savings sent to state under so-called escheatment laws


Most Americans believe that putting money with a trusted bank or credit union is safe — that they can set it and forget it. But doing that could just make your money disappear from your account!

My cousin called me in a panic last week. A retiree, she had put her savings (a six-figure sum) into a savings account with a credit union.

This was her life’s savings, and she received quarterly statements that showed monthly deposits of interest. She watched her balance grow. ---More...

Read Full Article...

Welcome to CFP’s Comment Section!

The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.

Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.

Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.

We ask only that commenters keep it civil, keep it clean.

Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.

READ OUR Commenting Policy



CFP Disqus Comments