What happens if your bank files bankruptcy and you have millions? and U.S. Bank, Miles City

What happens if your bank files bankruptcy and you have millions?

If your a multimillionaire and your bank goes bankrupt what happens to your money?


bank best answer:

Answer by cactusgene
Up to $ 500,000 you get back from the FDIC (fairly quickly) and for the rest you stand in line with all the other creditors and hope for the best. Diversify man, diversify, there is more than one bank in town!

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U.S. Bank, Miles City


Image by dave_mcmt
U.S. Bank, 619 Main Street, Miles City. Montana.

This shows the northeast corner of the bank and the drive up teller lanes on the north side of the building as viewed from across Seventh Street.

Prior to becoming U.S. Bank this bank was known as "First Bank Miles City" and prior to that it was "First National Bank Miles City".

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