- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
2
Posted on 3/13/23 at 11:33 am to Billy Blanks
quote:
First Horizon (my bank) down 22%. TD is buying them.
Stock dropping to $15 indicates that the Market doesn't think the deal will happen. That coupled with the delays and ongoing opposition in Washington doesn't look good.
Posted on 3/13/23 at 1:40 pm to shadyshane1986
Bank stocks dropping today doesn't mean something is actually wrong with a particular bank.
The shorts are going insane right now.
The shorts are going insane right now.
Posted on 3/13/23 at 2:09 pm to LSUFanHouston
quote:
Bank stocks dropping today doesn't mean something is actually wrong with a particular bank.
The shorts are going insane right now.
Good time to jump in?
Posted on 3/14/23 at 12:44 am to Billy Blanks
I have money in both Western Alliance and First Horizon. Each has under $250k. Combined they would exceed the $250k FDIC limit. The money is Western Alliance is at 4.5% interest and earmarked for my 2022 taxes and first quarter 2023 taxes.
Part of me wants to leave the WA deposit there earning interest until April, then pay my taxes with it. Still, if there's a big run on the bank waiting for the FDIC to make good could make my tax payment late. Save Better is the custodial bank; I can't pay taxes through WA. I'd have to transfer to FH, then pay Uncle Sam. As stated above, when I do that the two balances will exceed $250k. That makes me nervous.
Not entirely sure how I'm going to handle. Guess I'll 1) drain the First Horizon accounts to Treasury Direct and another bank, 2) transfer the WA funds to First Horizon, 3) then pay Uncle Sam.
Thoughts?
Part of me wants to leave the WA deposit there earning interest until April, then pay my taxes with it. Still, if there's a big run on the bank waiting for the FDIC to make good could make my tax payment late. Save Better is the custodial bank; I can't pay taxes through WA. I'd have to transfer to FH, then pay Uncle Sam. As stated above, when I do that the two balances will exceed $250k. That makes me nervous.
Not entirely sure how I'm going to handle. Guess I'll 1) drain the First Horizon accounts to Treasury Direct and another bank, 2) transfer the WA funds to First Horizon, 3) then pay Uncle Sam.
Thoughts?
Posted on 3/14/23 at 6:57 am to SquatchDawg
quote:
If you have the brains to figure out which of these regionals are financially stable you could make bank in this environment.
Has anyone figured this out yet?
Posted on 3/14/23 at 7:11 am to 632627
waiting for a hot bank stock tip over here.... 
Posted on 3/14/23 at 8:19 am to Im4datigers
bought WAL at $22 and just bought a couple PACW at $15
both have pretty good looking balance sheets
both have pretty good looking balance sheets
Posted on 3/15/23 at 7:03 am to Pezzo
quote:
bought WAL at $22 and just bought a couple PACW at $15
I bought at the opening bell yesterday and am already getting hammered. Luckily they were small positions so I'll DCA today.
Posted on 3/15/23 at 3:34 pm to 632627
they're both 80%+ institutional owned. as long as potato head doesnt start a war with russia....let me rephrase that...doesnt openly "decalre" war on russia, i think they'll recover nicely over the next few months
Posted on 3/16/23 at 4:07 am to SaintsTiger
quote:
Not entirely sure how I'm going to handle. Guess I'll 1) drain the First Horizon accounts to Treasury Direct and another bank, 2) transfer the WA funds to First Horizon, 3) then pay Uncle Sam. Thoughts?
FHN isn’t going anywhere. Just transfer when you need to pay the taxes.
Posted on 3/16/23 at 7:00 am to slackster
They're still being acquired by TD. I find the customer service not as great to work with over the phone. The local banks are still the same old friendly people though. I ended up switching anyway because of the whole TD bank thing
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News