OTH you may want to consider other options.
Both the FED and FDIC are insolvent [read: BROKE].
FDIC has around one cent to "insure" every Dollar they need to insure. When a Bank fails now they get bailed-in [deposits* are confiscated to pay off bad Bank loans] and not bailed-out like in 2008.
Things are 'smelling' like 2008 again, but it will NOT be the same. It will be WORSE.
= This is NOT a good time to have money in the Bank that you cannot afford to LOSE.
B-b-b-b-but deposits* are "insured!"
- Sure, go ahead and trust TPTSB [the powers that shouldn't be] aka .gov [read: slimy toads, barren of integrity, without an ounce of concern for you aka ulcerous, self-dealing vermin who speak with forked tongues and have certain 'personal' tastes and proclivities most would find repulsive].
*In the wake of 2008 the banking laws were changed. No longer do 'depositors' own their 'deposits'; now at point-of-deposit said 'deposits' become the Bank's money [read: not yours] and 'depositors' become UNSECURED CREDITORS of the Bank [read: good luck getting back pennies on the Dollar from a failed Bank since YOU are now last-in-line to be paid...every secured creditor WILL get paid ahead of YOU happy former-depositor!]
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