|
|
|
|
|
Forum
-> Household Management
-> Finances
amother
OP
|
Wed, Mar 15 2023, 2:36 pm
Finance mavens and predictors:
With banks going under, are local banks and online banks equally safe?
| |
|
Back to top |
0
0
|
amother
Wheat
|
Sun, Mar 19 2023, 8:34 pm
1. Deposits up to $250,000 where never in any kind of jeopardy. They were always fully guarantied.
2. Even deposits above $250,000 were ultimately backed by the Fed so in the end, no depositor lost money. I don't see what there is to be nervous about especially if you are talking under 250k.
| |
|
Back to top |
0
3
|
amother
OP
|
Sun, Mar 19 2023, 8:44 pm
amother Wheat wrote: | 1. Deposits up to $250,000 where never in any kind of jeopardy. They were always fully guarantied.
2. Even deposits above $250,000 were ultimately backed by the Fed so in the end, no depositor lost money. I don't see what there is to be nervous about especially if you are talking under 250k. |
Past isnt always a predictor of the future.
| |
|
Back to top |
0
1
|
amother
Magenta
|
Sun, Mar 19 2023, 8:45 pm
what is an online bank?
sounds less safe
| |
|
Back to top |
0
0
|
amother
OP
|
Sun, Mar 19 2023, 8:49 pm
A bank that has no branches, that generally pays higher interest, and people use them all the time.
| |
|
Back to top |
0
0
|
Related Topics |
Replies |
Last Post |
|
|
From where can I order shabbos food online?
|
1 |
Thu, Apr 18 2024, 10:52 pm |
|
|
Do you buy dishes or small appliances online for pesach?
|
7 |
Wed, Apr 17 2024, 9:33 pm |
|
|
Where can I buy shoes online fast shipping?
|
3 |
Wed, Apr 17 2024, 12:19 am |
|
|
Teen Shabbos shoes - Amazon or online
|
4 |
Tue, Apr 16 2024, 1:13 pm |
|
|
Basic tops for women lkwd or online
|
1 |
Mon, Apr 15 2024, 12:28 pm |
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
| |
|
|
|
|
|