Bank Failures: How to Keep Your Money Safe From a Worst-Case Scenario

After a tumultuous 2023 that saw some of the largest bank failures ever, the U.S. banking system appears to have stabilized. More bank failures are inevitable, however, and depositors could risk losing money any time one occurs. The first line of defense, federal deposit insurance from the FDIC, has worked reliably to date. To avoid […] The post Bank Failures: How to Keep Your Money Safe From a Worst-Case Scenario appeared first on SmartReads by SmartAsset.