My grandparents and great-grandparents never trusted the banks. They came from Russia right before the revolution. Never gave up their guns and held on to their money. They remembered the Depression chicanery. Don't think it can't happen again. They also refused to turn over their gold coins when FDR order it. I come from a long line of conspiracy theorists.

The so called deposit insurance program is not designed for anything beyond an individual bank failure - not a nationwide one.