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Thread: What a way to run a Bank!
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Old 06-15-2021, 09:08 PM
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Quote:
Originally Posted by Velvet View Post
LOL I’m retired myself, John. I guess the reason I don’t feel so impacted because First Citizen is only one of six banks I use. I travelled a lot in my lifetime. I just never closed all my accounts when I moved. Therefore, I can pay my bills from different banks etc. The accounts are invariably free if certain conditions are met. As a past economist I am hesitant to deal in bitcoins.
And each bank provides $250,000 FDIC insurance PER ACCOUNT. Best to spread the risk.