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FDIC Chairman Pleads with American Account Holders to Leave Your Money At The Bank

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We came across an interesting article on the FDIC published by Sovereign Man titled FDIC asks Americans to keep their money in the banks.

We reflect as we read each line and each paragraph of the article.

Jelena McWilliams, the Chair of the Federal Reserve Insurance Corporation (FDIC) released an incredible video this week titled FDIC - The Safest Place for Your Money.

In a minute-long commercial that looked like an ad for your local bank branch, McWilliams said the following:

“This is what I would like you to take away from [this commercial]. Your money is safe at the banks. The last thing you should be doing is pulling your money out of the banks thinking it’s going to be safer somewhere else.”

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All articles are provided as a third party analysis and do not necessarily reflect the explicit views of GSI Exchange and should not be construed as financial advice.

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