We have seen a huge influx of funds from large banks. Between March 1st and April 30th, 44 business days, we saw a $45MM increase in deposits, or just over $1MM per day. (Our bank is about $650MM in size, so that is a huge increase)

Stupid people lose money due to not having FDIC insurance. Structuring accounts, pledging cash as security for an unused line, or using a CD program like CDARS will allow 99% of people to get full FDIC protection.

Banks right now are paying an increased assessment to build the fund back up.

Or, you can hide your head in the sand and see how that goes......