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Banking Question

Rod & Reel · 2009-02-18 10:02:04

I have a some money in one of our banks. Its not a lot but its enough to have me worry that if the banks do collapse is my money secure. Or would i be better and doing what people in the last fall did and put it under the mattress? Mod if this question isint in the right forum please fell free to move it or rederict it.

18-02-2009 10:02am

#1

Rod & Reel

Closed Accounts Posts: 132 ✭✭

Join Date: May 2007

Posts: 118

I have a some money in one of our banks. Its not a lot but its enough to have me worry that if the banks do collapse is my money secure.

Or would i be better and doing what people in the last fall did and put it under the mattress?

Mod if this question isint in the right forum please fell free to move it or rederict it.

0

Comments

#2 18-02-2009 10:11am

Time Magazine

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Bank deposits are guaranteed by the government.

Moved from Economics.

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#3 18-02-2009 11:49am

Rod & Reel

Closed Accounts Posts: 132 ✭✭

Join Date: May 2007

Posts: 118

The Economist wrote: »

Bank deposits are guaranteed by the government.

Moved from Economics.

Under the materess so!!

0