The shaky national economy has local residents concerned about their own money.

While awaiting the bailout plan decision, some aren't sure what to do with their own funds.

11 News talked over the concerns with a local investment manager Chris Doyle, as well as the regional manager of Alpine Bank, Norm Franke.

Doyle says people shouldn’t invest money into the markets if they’re likely to need it in the next twelve month, and when you do invest, use logical-not emotional thinking, and realize that investments ARE a gamble.

Alpine Bank, regional manager Norm Franke says customers need to realize that not all banks are created equal.

Franke says the banks Washington is working on bailing out are investment companies and brokerage houses, not the kind of banks you keep your money in.

And as for those banks, Franke says there's no need to make room under the mattress for your money just yet.

He says banks are still the safest place to keep your money.

Franke says you can get the most out of FDIC insurance by spreading out your accounts under different beneficiaries.

For more information on how to do that, and how much coverage you can get, visit www.fdic.gov/edie .

As for investing, Doyle says putting your money in the federal treasury is your safest and best bet.