different organization very similar to the fdic, ncua. next you need to make sure you are in the right account. for example, bank accounts like a checking account, cds savings account are covered. if you own stocks at a brokerage account, they are not dic insured. lastly, to make sure that you need to make sure you do not have more than $250,000 per insured category. individual categories include joint accounts, trust accounts, tod account and others. it is usually a good idea to find out how your bank is rated. if you have questions about how to protect your money you can call our office today or you can email your questions at tips. >> if you would like more information tune into retirement was still smith sundays at noon. you can call the office -- bill smith sundays at noon . you >>> it's september 22nd. time for great viral videos right this minute. a mom and her child are hanging at the park. >> it's a typical chill day. >> but see what happens that has her running for safety. >> oh! >>> a little boy with a rare condition is ready f

violations across the board with pretty much every alphabet agency you can find, doj, cfbb, occ, fha, ftc, ncua and pretty much every state in the nation. totaling 10, almost $11 billion in fines. those actions including defrauding student loans.to mortgage holders, credit unions, identity protection, kickbacks, insider trading, defrauding freddie and fannie. worker health issues, drum senating against african-americans and hispanics. defrauding investors, foreclosure abuses and on and on and on. and then just this year, earlier, when you rejected their living will, your letter cited concerns about quality control, senior management oversight, accuracy, the consistency of financial and other information reported, even though the firm's leadership steering committee had input to the plan. and now we have the same bank, same bank, just defrauded 2-1/2 million of its own customers. its own customers. i'm sorry, a million and a half. don't you think it's time the fed does something? how long does this stuff go on before you get outraged and take action? >> well, as you pointed out we have done some

the federal reserve, the occ come the ncua, the fcc, the cfc, pb, these agencies are promulgated regulations and examinations and with respect to lawmaking, the approach of regulators can conflict with other regulators. on supervision, often the substance of examination overlap but the timetable don't and so data collection can be uncoordinated. this is not only a burden on financial firms that may be ade drag on our economy but it could lead to gaps in supervision. g when you look at wells fargo in the scandal that we have seen there and the consumer fraude' that went unpunished for five years, the primary consumer protection agency is coming in on the tail end of that, according to the timeline we have seen, do you acknowledge that maybe the lack of regulatory coordination may be a problem and secondly what you think about proposals to consolidate or reduce the number of regulators, or at least consolidate it among regulators. >> we have a complicated regulatory system, there's no doubt about it and we recognize that the issues you are discussing can create a great deal of burden. for our