But is FDIC invulnerable? Wasn’t it created just for times like these? But like all insurance – you never know how it really works until you make a claim.
I would wonder how long it would take to get your money back if a bank did fail though. Plus, someone on either this blog or another linked something about FDIC priorities. But from what I remember, if stuff got really really really bad (like multiple huge banks going under) they might not even pay you.
I would wonder how long it would take to get your money back if a bank did fail though. Plus, someone on either this blog or another linked something about FDIC priorities. But from what I remember, if stuff got really really really bad (like multiple huge banks going under) they might not even pay you.
I would wonder how long it would take to get your money back if a bank did fail though. Plus, someone on either this blog or another linked something about FDIC priorities. But from what I remember, if stuff got really really really bad (like multiple huge banks going under) they might not even pay you.
I would wonder how long it would take to get your money back if a bank did fail though. Plus, someone on either this blog or another linked something about FDIC priorities. But from what I remember, if stuff got really really really bad (like multiple huge banks going under) they might not even pay you.
I would wonder how long it would take to get your money back if a bank did fail though. Plus, someone on either this blog or another linked something about FDIC priorities. But from what I remember, if stuff got really really really bad (like multiple huge banks going under) they might not even pay you.
