Hot tip: you are already an unsecured creditor of your bank. Once you deposit it, it's their money. Generally, the gov. Will bail out depositors do as not to sow distrust, more often, they will bail out the bank itself so a bank that should have failed doesn't. It's a big club, and you ain't in it.
Hot tip: you are already an unsecured creditor of your bank. Once you deposit it, it's their money. Generally, the gov. Will bail out depositors do as not to sow distrust, more often, they will bail out the bank itself so a bank that should have failed doesn't. It's a big club, and you ain't in it.
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