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Author Topic: FDIC worried about bank runs.  (Read 287 times)

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Online Geremia

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FDIC worried about bank runs.
« on: March 27, 2020, 08:51:14 PM »
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    Offline poche

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    Re: FDIC worried about bank runs.
    « Reply #1 on: March 28, 2020, 05:53:59 AM »
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    • There was a problem with a deposit I recently made at the place where I bank at.
    The lady told  me that if there were any other issues I could make an appointment but I would have to communicate with the agent through the drive through.  
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    Offline Ladislaus

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    Re: FDIC worried about bank runs.
    « Reply #2 on: March 28, 2020, 09:37:46 AM »
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    • I just received a letter last night from a local Catholic Credit Union I belong to assuring everyone that their funds are safe, so I guess that they are worried about this also.
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    Offline Marys Anawim

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    Re: FDIC worried about bank runs.
    « Reply #3 on: March 28, 2020, 09:42:01 AM »
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    • I was just discussing with my husband what our financial decision should be? should we take out cash? what if this leads to a serious dollar devaluation...whould we get gold/silver? Such uncertainty 
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    Online Bonaventure

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    Re: FDIC worried about bank runs.
    « Reply #4 on: March 28, 2020, 10:49:33 AM »
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    • Quote from: Marys Anawim on March 28, 2020, 09:42:01 AM
    ...should we take out cash? ....whould we get gold/silver? 

    Everyone should have an emergency reserve of cash, and at least some Ag, on hand for emergency situations.   
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    Offline Greenways Flyer

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    Re: FDIC worried about bank runs.
    « Reply #5 on: March 28, 2020, 11:01:27 AM »
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    • Quote
    poche says:
    There was a problem with a deposit I recently made at the place where I bank at.


    Bank runs are withdrawals. Deposits are the exact opposite of a bank run.
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    Offline poche

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    Re: FDIC worried about bank runs.
    « Reply #6 on: March 28, 2020, 11:47:35 PM »
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    • Quote from: Greenways Flyer on March 28, 2020, 11:01:27 AM


    Bank runs are withdrawals. Deposits are the exact opposite of a bank run.
    There was a time when the government closed all of the banks. 
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