What Happens When Your Bank is Seized by the FDIC?

What Happens When Your Bank is Seized by the FDIC? - http://www.goodfinancialcents.com Avatar Posted by MMarquit under Finance
From http://www.goodfinancialcents.com 4346 days ago
Made Hot by: ShawnHessinger on August 11, 2010 4:10 am
What happens when a bank is seized by the FDIC? Your money is generally safe, but you may need to wait to access it, depending on who gets charge of the bank.





Comments


Written by businessavante
4345 days ago

I grew up hearing horror stories from my parents & grandparents about the "run on the banks". At least (for the time being) it's just a matter of inconvenience - for some maybe a very bad inconvenience (if their rent is due, etc).

businessavante



Written by yoni67
4346 days ago

Miranda,

You're scaring me. Credit ratings. Debt. Now bank failure! I have to admit though, each and every one of your submissions has been incredibly informative and informational. Scary though!

Yoni



Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!