Of all the thousands of banks that succumbed to the lure of fast easy money during the mortgage meltdown- NBC found one MetroRegion bank that didn't: Capitol Federal Savings and Loan (Cap Fed) based in Topeka-KS..
Cap Fed was featured this morning on a Today Show segment as Matt Lauer was curious to find which banks in America did NOT need Federal bailout money.
NBC reported that not only has Cap Fed avoided the pitfalls of sub-prime mortgages- but has actually seen a 40% rise in Cap Fed stock when many major bank stocks became virtually worthless paper.
Damn good job- Capitol Federal Savings & Loan!
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