But, if they are FDIC insured, your money is safe, is it not? Even small banks, at least around here, have FDIC insurance-which, as long as you stay under $100,000, you can recover your money. Now, I have no idea how to go about that. I personally bank with USAA, which doesnt have a physical address-they are an online bank, to the best of my knowledge. I also have a checking account open with a large, physical bank, which allows me to cash checks, should that need arise. But, back to OT, I am assuming that as long as it is FDIC insured, you should be OK, correct? Blanket statement I know-provided you again have less than the amount allotted. And, that being said-if you have a mortgage through the bank, does THAT count towards the cap? Or any kind of loan....this is something I never really considered before....