[Brilliant]

The truth is that a lot of these banks don’t want your deposit. The small depositor can go to the credit unions as far as they are concerned.

[JDW11235]

And if they fail, they get a big loans with which to buy treasuries, pocket the interest (which we TOO pay for) in the realms of say, tens to hundreds of millions, and then pay back the “loan.”

[JDW11235]

And if they fail, they get big loans with which to buy treasuries, pocket the interest (which we TOO pay for) in the realms of say, tens to hundreds of millions, and then pay back the “loan.”

[Navy Patriot]

The truth is that a lot of these banks don’t want your deposit.

Yep, the Fed gives the banks money for free, you are worthless to 'em.

[EVO X]

The truth is that a lot of these banks don’t want your deposit. The small depositor can go to the credit unions as far as they are concerned.

I ditched C when they put a 2K daily limit on electronic transfers out of the bank. This was right before they became a ward of the state. I would imagine all the TBTF banks have a policy in place to prevent an electronic run on the bank. If you write a big check, it may take days to clear..