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In a time of financial crisis can a bank withhold some of your money when you are trying to withdraw it?
Wiki User
∙ 9y ago
It is highly unlikely. In the U.S. most banks are a member of the Federal Deposit Insurance Corporation and your funds are insured up to $250,000. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices.
Wiki User
∙ 9y ago
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