Even if the bank fails, depositors would be insured up to $250k if you chose an FDIC backed bank. If you chose a non-FDIC bank, well shame on you.
Also, the FTC has liability protections:
"If someone makes unauthorized transactions with your debit card number, but your card is not lost, you are not liable for those transactions if you report them within 60 days of your statement being sent to you." https://www.consumer.ftc.gov/a...
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Even if the bank fails, depositors would be insured up to $250k if you chose an FDIC backed bank. If you chose a non-FDIC bank, well shame on you. Also, the FTC has liability protections: "If someone makes unauthorized transactions with your debit card number, but your card is not lost, you are not liable for those transactions if you report them within 60 days of your statement being sent to you." https://www.consumer.ftc.gov/a...