Katrina Banking Update

The AP reports on the banking situation:

Most of the 280 banks and savings and loans in hurricane-stricken areas have reopened branches and are operating normally again, and they're not expected to have financial problems in the long term, regulators said Thursday.

Still, some lawmakers are pushing a plan to raise the $100,000 limit on federal account insurance so that smaller banks aren't hurt by depositors pulling out their money.