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Where do deposits go on failed bank?

Updated: 8/16/2019
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Q: Where do deposits go on failed bank?
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They actually found several gold deposits trhroughout Mexico. They however, found bigger deposits of silver.


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Deposits in excess of the maximum insured amount ($200,000, or $400,000 for a joint account) are gone. The Fed will have another bank take over the failed bank's operations and you should get notice of that. Access to funds under the maximum amounts are available just the way they were before, and usually within a few days.http://www.fdic.gov/bank/individual/failed/index.html


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A Bank Teller


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The deposits bank on further invests!


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Answering "What steps can a bank take to deal with a significant outflow of deposits?"