I have a small sum of money with Indymac bank. Is there a way to get it all back since the bank went under?

Question

I realize the bank is a member of FDIC and that they ve taken over since. But I dont know what to expect and I am worried that they ll make me wait for the litigation to be over or compromise the amount in any way.

Answer 1

below $100k deposit cash, ur safe.

but wait a few days if u wanna withdraw still.

let the more affected ones go on the line first - the elders / retired who has uninsured investments - stocks, bonds etc.

im sure u will get ALL ur money, just wait a few days.

Answer 2

You should have no problem getting money out of any account other than a CD on Monday