Banks can already take your money...much more likely come the next bank bailout.
Isn't that the truth! Our bank sold our business loan to some sharks in Massachusetts and they took a non-associated account containing money escrowed by our insurance company that had been earmarked for repair of our water-damaged interior after we get new financing to get the roof of our small manufacturing facility fixed. They just took it. Didn't say a word. Just took $50k that had been issued jointly to us and the bank specifically for the interior repairs. We didn't realize it until we went looking for a bank statement to supply to the new bank that will take over our financing.
I'm not happy with banks.