[ArnieH]

With the economy in feefall and banks in serious trouble, would it be wise to withdraw all money from the bank before it fails?

[ebaines]

As long as you have less than $250K in a single bank, and it's FDIC insured, then you don't have to worry. If you have more than $250K in cash, then simply spread it among several banks, each of which will be insured to $250K max.

[walt17]

The $250k insurance coverage is per person, per account type, per bank.

A joint account would provide $250K for each owner.

Regular accounts and IRA account are insured separately. $250K for each type.

Many other account types (such as a trust) are also insured separately.