My bank is listed as one of the 10 needing money according to stress test. Should I be concerned? Probably not. But should I?

No. Even if your bank is in serious trouble (and just the fact that it needed more capital does not necessarily mean serious trouble) your deposits are insured. The Federal Depository Insurance Commission (FDIC) insures your account up to $250,000.

When banks are going under, the FDIC ensures that another bank can take control of the failing institution to protect depositors. You shouldn't even miss a day of availability of your money. And even in the event the FDIC can't find a buyer for the failing bank, the government itself will protect your savings and will give you the money themselves.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions