List of 90 Banks On FDIC Watch List

With the break of IndyMac bank going out of business, King 5 reported Seattle's local WAMU is on the FDIC financial risk list. This list contains 90 banks (up from 53 a few months ago). I've looked around the web and cannot find the exact list because the FDIC doesn't publish the list to the public. If they did, people would withdraw their money big time.

FDIC insures only deposits UP TO $100,000. So if you have over $100,000 in an account and the bank closes, you might be in trouble depending on how they handle it. You are also not safe if you have $100,000 in separate accounts at the same bank.

Update: We dug around some more and found 4 more potentially delinquent banks; UCBH Holdings Inc, a San Francisco-based bank, Colonial BancGroup, based in Montgomery, Ala, and Sterling Financial Corp., headquartered in Spokane, WA