Bank Accounts the FDIC Will NOT Protect

Your bank's gone bad, maybe even bankrupt.

Don't sweat it -- generally speaking.

The Federal Deposit Insurance Corporation (FDIC) insures most accounts up to $250,000. Those accounts will be transferred to a new bank, and you won't have to do a thing.

But Consumer Reports says there are some accounts the FDIC will NOT cover:

* BANK GIFT CARDS. Gift cards issued by your bank are "unsecured credit." If the bank goes under, the gift card goes under.

* SAFE DEPOSIT BOXES. Make sure the contents are covered under your homeowner's or renter's insurance.

* BROKERAGE CD'S. Certificates of deposit that are in your BROKER's name instead of YOUR name.

The FDIC's online estimator can help you calculate how much of your money in each of your accounts is fully insured.  Here's the link:

Wanna give your bank a check-up?  Check its ratings at Bankrate.com's Safe & Sound Ratings right here:  http://www.bankrate.com/brm/safesound/ss_home.asp.

You can also check your bank's ratings here:  http://www.thestreet.com/screener/index.html?src=ratingsindex&tab=3