After reading this blog please tell me something about yourself, and thanks for reading my blogs
Why aren’t banks secure?
The whole idea behind keeping your money in a bank vs. in your mattress is that a bank is secure. The banks are FDIC insured for accounts up to $100,000.00 which is higher now due to the economy. The issue these days is that we are getting our identity stolen right at the bank. Here is an example below of one who had over 200 accounts opened up under his name and a huge amount of cash…yes I said cash taken out of his account without having to verify a valid ID.
What is the answer? Do we keep our money in the mattress? Do we make the courts do something? Tell me your thoughts…..
Georges Marciano Co-Founder Guess