Quote:
Originally Posted by fuzebox
Yes, americans can be pretty naive when it comes to banking safety... Criticizing epassporte users while their own banks are on the verge of bankruptcy.
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US govt backs up to 300K in banks per person per account. US banks are not on the verge of bankruptcy. Of the tens of thousands of banks, I believe 100 smaller banks went out business last year and they were picked up by other banks.
You have no clue what you are talking about. I wouldn't put over 300K in the same bank, but 300K or less in the same account is 100% FINE in the US. If by some long shot something happens to the bank, the money is insured.