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re: Serious question - should I go pull my money out of my bank on Monday?
Posted on 3/12/23 at 3:39 pm to Yaboylsu63
Posted on 3/12/23 at 3:39 pm to Yaboylsu63
If you have to ask you don’t need to.
0
Posted on 3/12/23 at 3:44 pm to cajunangelle
quote:
Imagine paying your mortgage in cash in snail mail.
Lol
It was t all that long ago that’s the only way you paid your bills. The horrors.
Posted on 3/12/23 at 3:51 pm to Yaboylsu63
Unless you have over $250k in a bank or are in a non-FDIC bank, no.
Posted on 3/12/23 at 4:43 pm to Yaboylsu63
Hell NO, Obama consolidated the Banks to make them too big to fail.
He wouldn't lie. He was the smartest President in history.
He wouldn't lie. He was the smartest President in history.
Posted on 3/12/23 at 4:46 pm to Yaboylsu63
Nah. If it really blows up, your cash won’t be worth anything anyway. 
Posted on 3/12/23 at 5:35 pm to cajunangelle
quote:
sewing machine
It depends on what Ethel thinks, maybe he shouldn’t have been selling it…
Sewing Machine - Tradio
Posted on 3/12/23 at 5:44 pm to RockyMtnTigerWDE
I hear you but my point was if you get out of the bank habit that has no more super saver savings accounts or any advantage to park your money there.
No bank account equals no check writing. So you send cash, or go the bank with the cash and get a cashiers check for 15 dollars.
No bank account equals no check writing. So you send cash, or go the bank with the cash and get a cashiers check for 15 dollars.
Posted on 3/12/23 at 5:45 pm to Yaboylsu63
If there's a significant bank run your money will be worthless anyway.
To put it in perspective.
To put it in perspective.
Posted on 3/12/23 at 5:45 pm to Yaboylsu63
My pull out game is weak. Ask my wife or our 4+ kids
Posted on 3/12/23 at 5:45 pm to Yaboylsu63
I’ll look after it
Posted on 3/12/23 at 5:46 pm to Yaboylsu63
quote:
Also, I’m not OT rich, yes my accounts are within the FDIC insured amount, but I imagine the Fed would go insolvent if the whole system saw a run.
If that happens we're all screwed anyway.
Posted on 3/12/23 at 5:49 pm to Tarps99
I just made up sewing machine on the fly. I promise I wasn't going to sell it.
Posted on 3/12/23 at 5:50 pm to Yaboylsu63
Did It's a Wonderful Life teach us nothing?
Posted on 3/12/23 at 5:53 pm to Yaboylsu63
quote:
Also, I’m not OT rich, yes my accounts are within the FDIC insured amount, but I imagine the Fed would go insolvent if the whole system saw a run.
Posted on 3/12/23 at 5:54 pm to SouthEasternKaiju
quote:
Not ALL Credit Unions are FDIC insured-always check...
you're kind of right
- Credit Unions aren't insured by the FDIC
Posted on 3/12/23 at 5:55 pm to Yaboylsu63
quote:
my accounts are within the FDIC insured amount
quote:
I bank with JPMC
quote:No!
Serious question - should I go pull my money out of my bank on Monday?
Posted on 3/12/23 at 6:03 pm to Yaboylsu63
Yes, also get 6 packs of toilet paper, 6 gallons of gasoline, & 2 cases of water bottles. It’ll be a 1-week curve this time to stop the virus - pinky promise.
Posted on 3/12/23 at 6:06 pm to bubbz
quote:
should I go pull my money out of my bank on Monday?
1. The OP's post is what I was replying to.
2. It was tongue in cheek. (mostly)
This post was edited on 3/12/23 at 6:07 pm
Posted on 3/12/23 at 6:23 pm to bubbz
Well then....My premonition of way over a year ago was correct. I changed banks and went to the one that almost bought off the Cally bank but changed their minds over the weekend.
I should have gone to Capital One where they have interest earning accounts.
I should have gone to Capital One where they have interest earning accounts.
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