I suggest you stick to figuring out the FDIC rules.
I wouldn't tackle analyzing a bank's financial records to see if it is solvent in order to get FF miles. Enron and Worldcom went from top companies to worthless in days with the whole financial world watching over them. A small bank about to topple over is even less likely to be wearing identifiable red flags.
[This message has been edited by Mountain Trader (edited 08-08-2003).]