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So does anyone have a sense of what this means if you have an account with Varo? I mean, they are FDIC insured, so if they go under, is it just a matter of time
by rotexo 4y ago
So does anyone have a sense of what this means if you have an account with Varo? I mean, they are FDIC insured, so if they go under, is it just a matter of time until one gets their funds back?
- snotrockets 4y agoFDIC reopens the bank after a day or two, but the bank gets sold or closed after, which usually means the people banked there would have to open new accounts somewhere else.
- rotexo 4y agoThanks!