[Recob]

I trust my bank with my business money. At least, they would keep it safe from robbers. I make deposits at the end of every business day with full assurance that I would get it whenever I need it. They have never given me stories or anyone at that.

[Lexsave]

There is absolutely no chance that you lose money with a registered commercial bank no matter the circumstances. The financial industry is a robust and inter connected industry where bankruptcy of one bank affects others. That makes other banks and the regulator to always step in when a bank is about to liquidate.

[Pistis]

I trust my bank so much that I can drop a million and travel for 10 years and the money would still be there.

[stan358]

I trust my bank so much that I can drop a million and travel for 10 years and the money would still be there.

People have actually developed trust and confidence in the banking sectors because the government have regulated the industry and everyone's money are very secured with them..

[SHAHID987]

We need to select a bank of good reputation, so we better develop trust on our bank. It is very rare as bank loot our money and run away. Mobile payment processors do this, but physical bank won't do this.

[augusta]

But we have no choice than to trust them.even if it would be a 80% trust that is still reliable than getting very low level trust. This could spell danger.

[Semi]

But we have no choice than to trust them.even if it would be a 80% trust that is still reliable than getting very low level trust. This could spell danger.

If you don't trust a registered bank 100%, you have serious trust issues. Lol

[OldGuy]

People love to just go blindly through life without even thinking of past history that proves the inevitable.

Banks fail all the time. It is nothing new. This particular website is just a list of banks in the US who have gone broke since 2000: https://www.fdic.gov/resources/resoluti ... bank-list/

To make matters worse, the US FDIC currently has 171 US banks on a watch list. Failure is quite possible at any one of them at any time.
https://www.thestreet.com/investing/pro ... s-10450037

Although US bank accounts are insured up to $250,000 (USD) by the FDIC (Federal Deposit Insurance Co), they also acknowledge they only have enough funds available to cover barely 1% of the protected accounts.
https://www.quora.com/Does-FDIC-have-en ... sits-in-US

As it is even now, you are not able to withdraw all your own money at will. The bank where I keep my own checking account restricts withdrawals to a maximum of $300 per 24 hours no matter how much you have in your account.

So, with all that information, NO. Absolutely not. I do not trust banks at all. I keep a minimal amount in my account to cover my monthly bills and almost nothing more. I find other places to hold my assets and only use the bank for necessities.

I don't even trust banks for using the safety deposit boxes. If something happens to the bank, you can't access those either.

[Starry]

My bank has a history of over 100 years and is a reputable bank. I do not worry about putting money into this bank. Moreover, we have a deposit protection scheme. Should the bank fail, I can get back up the money, up to a certain amount.

[Kenti]

I don't have any element if doubts that my money could be lost in a bank. It is insured to start with.

[stan358]

I do not have any doubt in the banking sectors in my country. Every one has confidence in them. They can not steal people's money because they are secured and insured..