i know this sound stupid ^_^
if i put money on my bank, suddenly there was a hurricane that washed off the whole state, do i get my money back?
***should we took all money out of the bank if there is a war going on? just in case we needed money? after the war if i still had money on my bank can i still use it?
2007-01-22 18:10:23 · 3 answers · asked by Be Yeu 2 in Business & Finance ➔ Personal Finance
In the US, you needn't worry about either situation, because your money is covered by the FDIC. (bank deposits up to a total of $100,000)
2007-01-22 18:23:32 · answer #1 · answered by morlock825 4 · 1⤊ 0⤋
Not all banks are insured by the FDIC. You should do your research prior to using a particular bank.
2007-01-26 15:36:58 · answer #2 · answered by Anonymous · 1⤊ 0⤋
honey, banks are safe places,,,,don't put money under your mattress.....the federal govt insures bank funds for most banks(FDIC) ...if the bank washes away, they don't have your money in there with your name on it, they will just replace it. ps. if we are bombed, you prob will need a supply of canned food, not money...there will be nothing to buy!
2007-01-23 02:36:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋