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Bofa withdrawals


BommaliNinnodhala

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7 minutes ago, veerigadu said:

APR entha? baga 10ngestharuuu BOFA galluu....Sariigaaa susukooo payments gitlaaa...Glaeeez lanjodukuuu BOFA and Fargoo....Okinthaakiii Chase gaduuu nayam. aaa bankkk anni high level lo corruption chesthaduuu

mine is a local bank which sold and moved to BOFaa , very old one at 3% apr 

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1 hour ago, BommaliNinnodhala said:

Today went to bofa bank — big line and only two cashiers— and two in front of me asked big cash withdrawals 10,000$ mexican and 25,000$ old white guy — bank cashiers were looking at each other when they heard big amounts

what is going on — why would they need such big amount? 

dont worry...

as per some sources...since last few days...BAC got $40+ billion deposits..because of other banks failure...

 

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13 minutes ago, dasari4kntr said:

dont worry...

as per some sources...since last few days...BAC got $40+ billion deposits..because of other banks failure...

 

BOFA is too big to fail. Naaakipoyedhiii other medium level banks and credit unions malliii...

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13 minutes ago, dasari4kntr said:

dont worry...

as per some sources...since last few days...BAC got $40+ billion deposits..because of other banks failure...

 

I too saw that too much inflow of deposits — janaalu scared still

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16 minutes ago, BommaliNinnodhala said:

Rich dbians have more than 250k — 

Better to maintain two checking accounts with different banks that are FDIC and equally depost. Atleast upto $500k is safe

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4 minutes ago, Naayaldhi said:

Better to maintain two checking accounts with different banks that are FDIC and equally depost. Atleast upto $500k is safe

hammayya nenu safe.. hardly 5k undi

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Bhayya, edhae Bank of vomerica was on brink of collapse in 2008, and it was trading for around $2. In Financial sector, you never know what can happen especially with these unexpected markets. The good thing is all these big banks are FDIC insured and looks healthy currently!!

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6 hours ago, sarvayogi said:

ori nee yavva...naa bofa lo 200k plus ee undi...teeseyyala ippudu..

FDIC insured kada below 250K

if something goes bad with BoFa, we have much bigger issues to deal with

 

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5 hours ago, BommaliNinnodhala said:

I too saw that too much inflow of deposits — janaalu scared still

same thing will occur with big banks too, too much money and nowhere to invest is the new problem

right now passing from small to big, there is nothing called too big to fail, its just that govt is expected to bail out

 

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5 hours ago, sarvayogi said:

I have signed contract for a SFR and a 4plex...for investments...25% down kattali for both..anduke saving

then you need 200K more to defend the sinking ships

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