I need to go insurance shopping.
I will say, one of the reasons I’ve kept USAA bank accounts goes back to the financial crash of 2008. I figured the government wouldn’t let a bank used by a majority of military officers fail. This is worth something. My primary bank is local, but we keep deposits at similar levels at USAA.
But I need to minimize my business there, despite that.
They aren’t going to let any banks of that size fail. That shouldn’t be a concern to anyone—unless you have hundreds of thousands in cash deposited in a checking account. That’s not most people.