Seems like a good idea before there is a bank run due to various reasons. Do I have to report a withdrawal of like 5k?
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Yeah the cash on hand surprises a lot of people. The max we could have at my old branch was $400k and that included the atm, we were the biggest branch in the area so everyone else had less. We had one guy who would withdraw $50k at a time to go to Vegas. We asked him to give us a heads up so we could order extra from the main vault in advance. They do that to lower their losses in the event of a robbery.