Stocks & InvestmentsMar 12, 2023
MetaRgLd62
Is First republic bank safe?
Have a lot of money there. Should I move it? Edit it’s less than 250k. I kept it here because of a relationship ageeement during my mortgage closing
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bondmkt Mar 12, 2023They seem to be
Move it to BofA / chase to be safe
Flagged by the community.
Damn you Atlassian. My images of Bank of America is now ruined. I won't ever be able to enter a branch without pointing to my crotch beforehand.
We all know the republic falls.
Stay under 250k per bank and you will be fine in theory
why dod you use that bank vs big ones like Chase?
Fed is backing it now. What a 🤡 world we live in.
A bunch of people ran to First Republic on the weekend. Better to give a strong sign to stop the spiral, or at least that’s the idea.
Move to FCU
You have more than 250 there? Is this for a down payment?
Seems so. Feds and JPM backing them.