Financially Secure Banks

rocketman08
Fri, 18 Jul 2008 07:28:48 +0000

Even though I’m FDIC insured, if this bank went under, so many people would be affected I don’t think I’d see my money for a long, long, long time.



If the bank and account are FDIC assured and you have less than 100k in that account, if the bank goes under you will get your money the next business day. There is nothing to worry about.