☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year agoAbout Half in U.S. Worry About Their Money's Safety in Banksnews.gallup.comexternal-linkmessage-square7fedilinkarrow-up19arrow-down11
arrow-up18arrow-down1external-linkAbout Half in U.S. Worry About Their Money's Safety in Banksnews.gallup.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year agomessage-square7fedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPMlinkfedilinkarrow-up3arrow-down2·1 year agoIf your bank fails and it’s not bailed out then your savings are basically gone.
minus-squareSandbankElephant@lemmy.mllinkfedilinkarrow-up3·1 year agoAll banks in the US are FDIC insured to the degree of 10s of thousands, some larger banks to the degree of 100s of thousands. This user is concerned about not being able to access his funds between bank failure & repayment.
If your bank fails and it’s not bailed out then your savings are basically gone.
All banks in the US are FDIC insured to the degree of 10s of thousands, some larger banks to the degree of 100s of thousands.
This user is concerned about not being able to access his funds between bank failure & repayment.