"Survey Finds Nearly Half of Americans Concerned About Bank Account Safety"

Nearly half of Americans are worried about the safety of their money in banks, according to a new Gallup poll. The results are divided between Democrats and non-Democrats and even more among Americans with college degrees and those without. The findings also come in the wake of the largest bank failures since the Great Recession of 2007-09. The expression of concern seems to be related to trust in government overall, and less well-educated and less well-off Americans are expressing more concern, given that deposits of up to $250,000 are guaranteed by the Federal Deposit Insurance Corp.