So far the opinion I've found everywhere is like this, https://pocketsense.com/happens-box-bank-goes-bankrupt-8411271.html, the failed bank becomes the property of the FDIC, which allows access to the boxes and sells the failed bank to another bank as soon as possible. However, I'm contemplating a lot of failed banks. Seems like the FDIC would run out of money
Doesnt matter if they run out or print more, the U.S. Federal Reserve notes will carry a value of zero.
If you think your stack of silver will be there after the crash you will wish you had gone with a boating accident....read the fine print on your box contract friend.
If banks collapse, are safe deposit boxes at risk?
yes
So far the opinion I've found everywhere is like this, https://pocketsense.com/happens-box-bank-goes-bankrupt-8411271.html, the failed bank becomes the property of the FDIC, which allows access to the boxes and sells the failed bank to another bank as soon as possible. However, I'm contemplating a lot of failed banks. Seems like the FDIC would run out of money
Doesnt matter if they run out or print more, the U.S. Federal Reserve notes will carry a value of zero.
If you think your stack of silver will be there after the crash you will wish you had gone with a boating accident....read the fine print on your box contract friend.