Previous image Next image Are banks safe in USA? Are banks safe in USA? The Federal Reserve central bank USA on 26 March 2020 said that banks in America can lend out every single cent they receive for money deposits. This effectively means USA banks could have zero cash held to give back to account holders. Previously they had to keep a small percentage back. Ultimately banks are from 26 March 2020 riskier places to leave your money. BusinessRiskTV.com #BusinessRiskTV #ProRiskManager #BankingRisks #MoneyManagement #MoneyTips
Is my money safe in the US?