Submitted by [deleted] t3_11rfyes in Pennsylvania
Hazel1928 t1_jcc1wa2 wrote
Reply to comment by oovvvie007 in Filing my part-year resident taxes, and realized that Pennsylvania is truly hell on earth by [deleted]
Oh, you may not have access to that information. I was referring to the failed bank in Silicon Valley. The FDIC guarantees all deposits up to 250 K. So the consumer can know that even if their bank fails, deposits up to 250K are safe. Apparently, that bank had 93% of their accounts over 250K. But we are bailing them out after all. Supposedly it’s not the government (ie taxpayers) that are bailing them out, but it’s the banks (ie customers) who are bailing them out. But I think the banking sector is safe. We won’t let it fail.
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