Question about my bank [View All]

[shirlden]

I bank with Charter One. It is owned by Citizens which is a part of RBS. RBS is going down the tubes and is likely going to be nationalized. I have talked to the local people and they assure me that they are not in any trouble at all. However, I did notice that they had flyers out offering 3.5% interest on new savings account. It was obvious they are trying to raise some capital.
I have all my money in an Money market account and checking with this bank. My question, of course is, should I keep it there?? I need this to live on and cannot take chances. I am retired. Two of my neighbors have pulled their money out and "put it under the mattress".
They are paying nothing in interest, so why should I keep it there????

Advice greatly appreciated.