[bobthepanda]

Even with deposit insurance, if there's a run on your bank you want the money out ASAP, because the money is only useful to you if you can reasonably access it, and waiting a few days or weeks for a check in the mail can make or break people living paycheck to paycheck.

[Denvercoder9]

Yes, you're absolutely right, that's why I have split my money over two banks. Hopefully they won't fail at the same time.