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Bank Liquidation and Government Payouts

If a bank goes into liquidation what amount of money will the government pay a customer with $100,000 in that bank?

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Assuming that we are discussing a U.S. bank or credit union that is federally insured, a depositor with $100,000 in that institution should expect to be repaid in full.

Published on BankingQuestions.com 6/30/08