If you're a Texan with a Citibank account, you might want to go shopping...

Whiskey & Gunpowder reports that New York-based Citibank has sent out a notice with its statements nationwide:

“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change,” Citigroup said on statements received by customers all over the country.”

According to Ira Stoll at The Future of Capitalism, the notice was meant to apply only to depositors in Texas.

From checking accounts? One has to wonder, is Citi that insolvent, are they just harrassing Texans because of the strength of their secessionist movement, or are they just trying to see how much they can get away with? One has to wonder...

Might be a good time to buy some bullion (Monex latest: Gold $1,112; silver $16.38 per troy ounce).

Virtual buckeye to Old Rebel at Rebellion.