But no matter how reliable a bank is, every consumer should be certain that their funds are insured and will be restored to them in the unlikely event of a bank failure. (savingsaccounts.com)
In the unlikely event of a bank failure, account holders get their funds back just about immediately as long as the amount is under the FDIC - insured amount. (savingsaccounts.com)
If you have more money than that in the bank, spreading the funds among different institutions allows you to be fully covered in the event of bank failure. (valuepenguin.com)