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So for FR customers, what does this mean? Is there a risk of funds being inaccessible? I normally only keep enough in that account to cover two months of expenses.

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The FDIC generally likes to do this on Fridays so they can reopen the bridge bank and everyone can access their funds on Monday. If you're under the insurance limit you're almost certainly fine.

> If you're under the insurance limit you're almost certainly fine.

If you're under the insurance limit of $250k per type of account and not fine, the whole world will find ourselves with some much larger problems to solve.

Yes, it's still a very unlikely scenario but the TGA running low and debt ceiling brinkmanship at the same time banks are going under does make me think there's some nonzero chance of some insured depositors in some banks having to wait awhile for their funds. But yes, low probability at the moment.

> If you're under the insurance limit

JP Morgan isn't.

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