Scanning the news headlines this morning I noticed this curious title: “Government shuts down NetBank.” Hmmm, we have an account with them… 
So I read the story and find out the FDIC (the Federal Deposit Insurance Corporation) has shut down the bank due to excessive mortgage defaults. Basically, they ran out of money. Since our savings accounts were “FDIC-insured” we don’t lose anything, and our money will be transferred to another bank. The FDIC symbol on the right is so commonly associated with banks that it is something we usually take for granted but today we’re pretty happy that they are around!