WASHINGTON, Sept. 26 /PRNewswire/ -- Amid the biggest bank failure in history -- Washington Mutual -- personal finance experts Ken and Daria Dolan are urging people to protect themselves. More than a dozen banks around the country have gone belly up and we can expect more bank failures in the days and weeks ahead, caution the Dolans.

The good news is that the average American CAN protect their own money. You just need to know what to look for and take some simple steps now to make sure your money is safe.

"The average consumer assumes their bank is stable and whatever assets they have in a bank will be protected even if that institution goes under," says Ken Dolan. "Unfortunately, those rose-colored glasses may lead to disaster. The truth is, not everything in the bank is protected and not all banks offer FDIC protection. It's up to each of us to protect ourselves. Proceeding with caution, not out of fear, is the best way to keep your money safe and your sanity intact."

According to the Dolans, most consumers are grossly uninformed about what warning signs indicate possible trouble at the bank and what protection may or may not exist for their assets.

On their website, http://www.dolans.com/, Ken and Daria provide consumers with some important Dolans Straight Talk -- the information you need to protect your money. From what FDIC insurance covers (and what it doesn't) to what to do if your bank fails, the Dolans arm the average consumer with the basic essentials necessary to keep ALL of their money as safe as possible.

  Visit http://dolans.com/banking/gallery/fdic-and-bank-failures.html

  Among the essentials provided by the Dolans, you need to know:

  -- What the FDIC is and how it protects you and your money;
  -- What is covered by the FDIC such as deposits ...  and what is not
     covered, such as investment accounts and safe deposit boxes;
  -- The limits to FDIC coverage and how to protect money over the limits;
  -- The warning signs that your bank is in trouble and how to find out for
     sure; and
  -- What to do if your bank fails.

"Our goal is not to scare people, but to make sure the average person knows how to protect their own money," explains Daria Dolan. "The truth is that more than $7 TRILLION is sitting in uninsured banks. We want to ensure that our readers aren't among those at risk."

For more information about protecting your money, visit http://www.dolans.com/banking.

About dolans.com:

Launched in October 2007 by nationally syndicated radio hosts Ken and Daria Dolan and InvestorPlace Media, http://www.dolans.com/ offers expert practical advice on every personal finance matter imaginable including debt management, taxes and estate planning. The Dolans bring a combined 40 years of proven expertise to the internet and are known and trusted by millions of people, thanks to their award-winning 20-year career on national radio. The Dolans have also hosted a weekly CNN television show and authored five books on personal finance topics.

About InvestorPlace Media, LLC:

InvestorPlace Media, LLC publishes investment newsletters geared to all investing styles and strategies. The InvestorPlace.com group publishes some of the most successful investing strategists in America. View a complete list of the websites at http://www.investorplace.com/

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Ken & Daria Dolan https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70929

Source: InvestorPlace Media, LLC

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