....the way I understand it the FDIC will send a bill to it’s member banks when it needs money...the good banks have to pony up for the bad....what happens when there’s more bad than good?.....never mind, it’s too frightening to think about.
....check out your own bank here....you might get a little wake up call as to it’s stability:
http://www.bankrate.com/rates/safe-sound/bank-ratings-search.aspx?t=cb
....Forgot to mention, when I checked out my own bank it had lost a star....I’m getting my CD out of there when it rolls over in Sept.