Re: Are Any Non Mega Banks Safe Enough To Ignore 100K FDIC Limit?
I appreciate the advice but the posters here do not understand the degree of my laziness. Let's simplify the question.
Which of the following places would have a greater than a .05% chance of not giving me back all of my money plus interest in five years if I were to put a million bucks in there.
Bank of America
Citibank
Nevada State Bank
Washington Mutual
Charles Schwab tax free sweep funds.
I guess to be more precise I should say a .05% chance over and above the chance that Treasury Bonds or an FDIC insured account would.
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