Step #4:
What to do if your bank fails

The sad truth is that more banks will fail this year.  You could find yourself facing the nightmare of your bank failing – except if you’ve followed the FDIC rules.You may have restricted access to your accounts for a few days while the FDIC gets settled, but you should be able to get your money with minimal fuss and paperwork.

If you have a loan from a bank that fails, it is important to keep making your payments on time. Unless you hear otherwise from the FDIC, keep sending them to the same address that you’ve always used. Scammers have been known to take advantage of people’s confusion and worry when a bank fails.

Next: Stop worrying about your brokerage account