CNBC
Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits.
Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than a dozen other officials convened a special closed meeting of the Financial Stability Oversight Council on Friday.
A readout from the session indicated that a New York Fed staff member briefed the group on “market developments.”
“The Council discussed current conditions in the banking sector and noted that while some institutions have come under stress, the U.S. banking system remains sound and resilient,” the statement said. “The Council also discussed ongoing efforts at member agencies to monitor financial developments.” More
Where do they think people are going to leave their money? In banks too big to fail or banks too small for them to care? – Dr. Tar
I had no idea there as that much actual printed cash available.
I’d pull my money out, but I’m afraid I’d misplace those three quarters …
mortem tyrannis
izlamo delenda est …
Banks are paying so little interest there’s almost no incentive to put money in one. And inflation is vaporizing money whether it’s in the bank or buried in the back yard.
Makes for the perfect opportunity to crash the cash. Issue new currency that is worth 1/10 of the original value.
I sold a tractor and trailer the other day. I brought the cashier’s check to my credit union to cash it. I decided not to deposit it with everything going on. After they verified the check, they went to the vault, I guess, to get the cash. In the meantime, a couple of unsavory looking characters came in and were standing behind me in line. The moron/diversity hire teller finally walks out of the back room and starts waving a giant wad of cash ($20,000.00) in the air above his head announcing that he had my money. Everybody in the place could see and hear. I wanted to jump over the counter and beat that $hit-for-brains like a rented mule. Seriously, how dumb can people be. He used no discretion whatsoever. It’s almost as if he wanted the semi ghetto thug behind me to see. Then, he walks over to get one of those big cash counting machines and starts feeding the stacks of cash through it for all to see. He put on quite a show. To top that off, he never asked me for my secret security password. When I pointed that out to him, he just blew it off as no big deal. When the transaction was finished, I took my money and headed for the door, secure in the fact that I had all the readily available, concealed firepower I needed to blast any lowlife, rat bastard that came near me to kingdom come. I made sure that I wasn’t followed when I left. Jugging has become a big thing lately and I was having none of that. I’m going back Monday and have a heart to heart with the manager, but they will probably be even stupider than the teller. They will do nothing to that dumbass teller. You know it and I know it. If something like that ever happens again, I’ll make a scene they will not soon forget.
Over the years I have added to the cash I keep in my gun safe where I have about $6500 in it. Small amounts and it has all been updated to the colored high security $$. I call it my gun fund and it will shrink if I buy a gun or grow if I sell one. I will leave the rest in my credit union.
Cmn¢¢guy – that’s the plan, but they can’t do it just yet. It has to be a national emergency invoking emergency powers and all the elite have to be in on it ahead of time. Then? DIGITAL.
When they do digital they’ll treat it straight for a while until everyone’s on board and there’s no going back. Then the screws get tightened. Think of the unbanked. Just kidding, eff them…
Top Fifty…
Rank Derivatives Bank Name
1 $53,221,165,000,000 Goldman Sachs Bank USA
2 $50,031,374,000,000 JPMorgan Chase Bank
3 $47,243,934,000,000 Citibank
4 $19,709,297,000,000 Bank of America
5 $12,363,506,000,000 Wells Fargo Bank
6 $2,351,476,000,000 State Street Bank and Trust Company
7 $1,326,011,362,000 HSBC Bank USA
8 $1,160,557,000,000 The Bank of New York Mellon
9 $913,813,934,000 U.S. Bank
10 $592,469,808,000 PNC Bank
11 $360,823,433,000 TD Bank
12 $322,051,062,000 Western Alliance Bank
13 $321,679,000,000 Truist Bank
14 $313,437,196,000 The Northern Trust Company
15 $253,308,589,000 Citizens Bank
16 $199,227,211,000 Capital One
17 $179,344,753,000 Fifth Third Bank
18 $177,649,156,000 MUFG Union Bank
19 $164,816,000,000 Regions Bank
20 $144,885,727,000 KeyBank
21 $129,324,000,000 Morgan Stanley Bank
22 $95,754,578,000 The Huntington National Bank
23 $70,848,000,000 Comerica Bank
24 $66,408,313,000 Manufacturers and Traders Trust Company
25 $57,133,565,000 Santander Bank, N.A.
26 $54,214,700,000 BOKF
27 $52,611,400,000 UBS Bank USA
28 $51,889,418,000 BMO Harris Bank
29 $47,045,000,000 Morgan Stanley Private Bank
30 $36,618,830,000 City National Bank
31 $31,870,139,000 First Horizon Bank
32 $31,181,000,000 Ally Bank
33 $31,088,000,000 Silicon Valley Bank
34 $26,147,741,000 East West Bank
35 $24,656,000,000 Deutsche Bank Trust Company Americas
36 $24,450,275,000 Zions Bancorporation, N.A.
37 $20,989,660,000 SouthState Bank
38 $20,333,796,000 Bank of the West
39 $20,181,310,000 First Financial Bank
40 $19,843,178,000 Flagstar Bank
41 $18,773,093,000 First-Citizens Bank & Trust Company
42 $18,190,034,000 Synovus Bank
43 $17,930,223,000 Webster Bank
44 $17,487,323,000 Valley National Bank
45 $15,362,000,000 Barclays Bank Delaware
46 $14,511,063,000 TD Bank USA
47 $14,159,663,000 Old National Bank
48 $13,786,971,000 First National Bank of Pennsylvania
49 $12,650,238,000 Pacific Coast Bankers’ Bank
50 $12,458,925,000 Lake Forest Bank & Trust Company
From
USBANKlocations.com