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| If you owe money to a bank, any funds that you have there should offset the loan to that amount, In case of a major failure, You wouldn't want your money in another bank that failed and was lost. I would keep my money in the same bank at least up too the amount I owed that bank. After that I would spread it out . Be nice to have some in another bank or two In case any of them fail. The fed doesn't have the money to deal with a major collapse of a bunch of bank's, not even close.!!!!!!!!! | |
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Should my "small" bank be worried?
