Charles, I didn't read the complete article, but I find it hard to believe that the banks will park all this money for just 0.25% return.Here's an article addressing the question:http://www.newyorkfed.org/research/staff_reports/sr380.pdfHere's the conclusion from the article:We began this article with a question: Why are banks holding so many excess reserves?

To Answer Charles Questions I have over 30 years experience.

Charles,Looks like he is another "Guru" in a long line of "Gurus" that's going to sell us a SECRET way to buy Bulk REOs.

Good to meet you too Charles.

my name is Charles and like the subject says im from new york.

Charles Perkins is a CPA active in your area as an investor.

I agree with Charles, use a small local bank or credit union.

Charles gave you some great advice . . .

@Charles Carillo thanks Charles, that's what I'm thinking as well

Charles May,You cannot withdraw a 401k while you are employed; however, you typically can withdraw anything that was rolled over from a previous employers.