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Depositors Lose $4.2 Million In Failed Bank – Is My Cash Safe In The Bank?

August 20, 2009 By Bill Zielinski 3 Comments

Depositors Face Loss Of $4.2 Million On Bank Failure The closing of Community Bank of Nevada last week came as a very unpleasant surprise to some depositors.  The FDIC estimates that there was approximately $4.2 million of uninsured deposits in the bank at the time of closing.  The uninsured depositors had savings in the bank […]

Filed Under: Failed Banks, FDIC, FDIC insurance Tagged With: are my bank savings safe?, how to protect your bank deposits

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