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Americans haven’t been this worried about their bank deposits since the 2008 financial crisis

According to the findings of a Gallup survey, nearly half of all Americans are very Worried about the safety of their Bank Deposits, with 20% not too worried about the situation. This is similar to the findings that Gallup found shortly after the collapse of Lehman Brothers in 2008, but it is unclear how attitudes have changed over time. The Federal Deposit Insurance Corp. - created in 1933 during the depths of the Great Depression - backs deposits up to $250,000 per depositor, but this may not be enough to reassure Americans who are very worried about the safety of their money.

The post Americans haven’t been this worried about their bank deposits since the 2008 financial crisis appeared first on Balanced News Summary.



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Americans haven’t been this worried about their bank deposits since the 2008 financial crisis

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