do you trust bank?

@algie123 (289)
Philippines
March 3, 2007 1:48am CST
I would like to know; you trust bank to fund your money? Because my neighbor funded lots of money on the bank but when the bank is bankrupted he never get the money he was funded, thats why now i am worrying to fund any amount of my money on the bank.
1 person likes this
2 responses
christieswebb
@christieswebb (238)
• United States
3 Mar 07
Most banks in the USA are insured up to $100,000.00 So if you had that much in the bank you would get it back if they ever went bankrupt.
1 person likes this
Huying
@Huying (388)
• China
27 Oct 07
Hi,algie123,of course I trust bank very much.In China,bank is a government organizition so that people all believe that bank can't cheat them,include me.