[maddog55]

Thankfully I keep all my bank accounts under $250k....

[C210N]

you might be a LOT better off with bank accounts under $2.5 k

[EBH]

Read carefully the article: If just one or a few banks become insolvent, the FDIC fund should be sufficient to cover the insured deposits (those under $250K). But under the 2005 Bankruptcy Act, derivatives creditors (which are considered “secured”) are first in line to recover the assets of a bankrupt bank; and the Dodd-Frank Act followed that practice. So if a bank with major derivatives risk collapses, there might be no bank assets left for the non-insured creditors;

That's you and I. WE are the unsecured if/when the FDIC insurance fails. WE would get nothing, by law. They are trying to hide and not hide this from the average Joe Public. Notice they talk about Joe Public having more faith in the system than they do!

You need to determine where your bank is invested and if you are at risk. Not all banks are at risk.