> [When a bank fails, depositors] end up with money locked up for a period and are unable to make your own payments. From the FDIC's Deposit Insurance FAQ (<ht

> [When a bank fails, depositors] end up with money locked up for a period and are unable to make your own payments. From the FDIC's Deposit Insurance FAQ (<https://www.fdic.gov/resources/deposit-insurance/faq/index.html https://www.fdic.gov/resources/deposit-insurance/faq/index.h...>): > Q: What happens when a bank fails? > ... First, as the insurer of the bank's deposits, the FDIC pays insurance to depositors up to the insurance limit. Historically, the FDIC pays insurance within a few days after a bank closing, usually the next business day, by either 1) providing each depositor with a new account at another insured bank in an amount equal to the insured balance of their account at the failed bank, or 2) issuing a check to each depositor for the insured balance of their account at the failed bank. Honestly, I'd expect just about any judge in the country to be _very_, _VERY_ angry at a creditor that was unwilling to -free of charge- delay receipt of money owed by (typically) one or (sometimes) a few business days because the Federal Government needed that time to take over a failed bank's obligations. This reason you've provided is just plain bogus.