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FDIC-insured bank fails: what next?

[ad_1] The FDIC has policies in place to ensure minimal impact on bank customers when an FDIC-insured bank fails. Deposits up to $100,000 per depositor per bank are guaranteed, and the FDIC will resolve depositor’s problems within two business days of being notified of the failure. If a bank fails, the FDIC can take over […]