First republic is my moms bank she has multiple accounts there so was checking her accounts all morning my sisters friend they took their money off on a tip that it might be the next to go under
Look in my history. I posted early, early this morning that Market Watch listed 10 TEN banks that were vulnerable to this crash
You just want to make sure that her accounts’ total is under the $250k limit for FDIC insurance. If one of these banks goes under, and you’ve got more than 250k in there, you’re likely screwed (though there are different rules for trust accounts with multiple beneficiaries, etc, so your mileage may vary).
As long as they have 250k or less on the be bank they won’t lose their money.