Rescuing the U.S. Economy

You've heard the news – the economy is in turmoil. High-risk loans are to blame for ruined banks and an epidemic of home foreclosures. Businesses and individuals are strapped for cash and facing a credit crunch. The stock market's record drops this fall produced stomach-churning anxiety among investors.

From Wall Street to Main Street, everyone wants to know if their jobs are secure and their money is safe.

Big Banks Fail
The big banks on Wall Street fell hard in September, especially those tangled up in subprime mortgage debt. The dust settled after a string of multi-billion dollar buyouts and bailouts. In a bold move to stabilize the housing market, the Bush administration took control of mortgage giants Fannie Mae and Freddie Mac. But that wasn't enough to turn the tide. Plans emerged for a controversial financial rescue package, putting $700 billion of taxpayer money on the line.

The government injected capital into troubled banks so the economy can run as it should, encouraging quality lending and consumer spending.

Savers: Your Deposits Are Safe
Endura Financial is not vulnerable to the bank failures and takeovers on Wall Street. We are far removed from the risky lending practices that contributed to the mortgage meltdown. Our conservative approach to lending makes Endura Financial a safe place to save and borrow money.

NCUA insurance for your savings is now better than ever. As part of the financial rescue package, the NCUA coverage limit increased from $100,000 to $250,000 for all deposit accounts until the end of 2009.*

Investors: Stay the Course
The stock market reacts dramatically to breaking news, but that doesn't mean you should bail out of your investments. Overreacting to market dips may undermine your long-term strategy. Remember that the steepest declines are generally followed by the greatest gains. (Past performance does not guarantee future results.)

Now may be the perfect time to tune up your portfolio. Call 763.302.3117 or 1.800.533.4004 or visit www.endurafinancial.com.