All banks have to be insured by the FDIC it has been the
law since the Depression when they weren't and a lot of
them went belly up taking their depositors 'money with them. This was call 'the run on the banks'. Unless you are depositing huge amounts of money I think the limit is 100,000. you needn't worry that your money is going to go
west if the BOA fails. If you depositing huge amounts of
money spread it around several banks so that you are
safe. 100% 1 Vote