Before The Event Insurance Is A Cashiers Check Before It Is Cashed Covered By Fdic Insurance In The Event Of A Bank Collapse?

Is a cashiers check before it is cashed covered by fdic insurance in the event of a bank collapse? - before the event insurance

FDIC insurance covers all savings accounts. If the check was issued, and the treasurer must then clean up the banking system without any problems. If you have have a cashiers check from a bank "collapsed" in the past, then other banks' assets / liabilities by another bank is absorbed - you should do some research to know the man.