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You NW Iowa farmers borrowing too much money for land and
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What_If
Posted 11/4/2023 11:27 (#10468517 - in reply to #10468458)
Subject: RE: You NW Iowa farmers borrowing too much money for land and


Southern Iowa
dpilot83 - 11/4/2023 10:13

What_If - 11/4/2023 09:45

Pretty good explanation with details of what happens next. I wonder if these steps are general procedures if this happens elsewhere.

https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank...



Almost looks like depositors money is safe even if they were over the $250K amount?


Good catch and good question. I just added the link to my favorites list, hope I don't ever need to use it.
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