Ask Terry Questions Checking banks capital position

Checking banks capital position

By Terry Savage on May 13, 2023 | Chicken Money

On WGN radio this morning (5-02-2023) you mentioned web site to check banks capital position what was that web site? Thank you

Terry Says

That wasn’t me. YOu don’t have to worry about a bank’s capital position. It can change overnight as we saw with Silicon Valley Bank.
All you need to worry about is that you’re under the FDIC Insurance Limits!
Check this link: https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/index.html

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