I live here in Clark County, WA, and yes there was indeed a run on the Bank of Clark County. Reportedly, $28.3 Million was withdrawn over the three days prior to the FDIC arriving to seize the bank on Friday the 16th.
I can believe that these banks can go under faster than any Federal of State agency can react, especially if word leaks out that all hell is about to break loose...
What if . . .
What happens if a bunch of banks go insolvent in the course of a couple of days; this becomes widespread knowledge and people withdraw billions from other banks; and then a bunch more become insolvent and so on?