/biz/ - Business & Finance

>>54055958
I bank with chase too. I’d say they’re safe. The collapse of a bank like Chase would be catastrophic. They’re massive and unlikely to fail.

>>54055980
how much have you got in there?

>>54055958
JP Morgan Chase will outlive the government. If they're gone you'll have been gone for months.
>captcha W8SAV

>>54055958
If I were you, I'd be converting 85k to crypto

>>54055958
its insured up to 250k retard

>>54055980
if chase collapses the world economy collapses. Over 4 trillion dollars in assists.

>>54056001
Around $13k. But if I had more than $50k in there I’d probably be a bit more worried so I get where you’re coming from.

>>54055958
If you're planning to keep that shit under your mattress, your house is more likely to randomly burn down that JPM to go under

>>54055958
>Jewish bank
Nothing to worry here

>>54056031
does chase have enough cash to cover all deposits if everyone tried to withdraw?

That is alot of cash to just have sitting in a savings account. Do something useful with it or invest some.

>>54055958
Are their credit cards good

>>54056078
Good, but I'd say Citi's rewards program is probably more compelling at this point for someone not wanting to bother with games.

>>54056054
>JPMorgan Chase cash on hand for the quarter ending December 31, 2022 was $1,452.552B, a 6.76% decline year-over-year.
Not everyone, but they aren't running out of it anytime soon.

>>54055958
Nah, if JPMC goes under its unironically over for humanity, textbook definition of too big to fail. I would keep my shit there than in BOA or Wells Fargo that's for sure, that's if you prefer a big Babylonian bank over a Credit Union or something else.

Its over anons. Went to Chase today to close my account. I had over eleven thousand bucks in the account. They refused to give me my money. I ended up making a scene telling them to give me my damn money. They called security and had me escorted out of the mall. Tomorrow is Sunday so the local Chase are all closed.

I'm going from one branch to another on Monday to get my money out. I hope it isn't too late. Just a heads up if you have a Chase account you better start working to get your money out before its too late..

>>54055980
It won't collapse, they'll claim a crisis, close the doors and empty you bank account. Aka, a bail-in. Chase is the absolutely the worse bank.

>>54056021
if this shit spread to other major banks you're not going to see your 250k unless they run the printer hot again

>>54056328
Retard

>>54056288
Oh was Wells Fargo closed? RUSSIAN BOT DETECTED RUSSIAN BOT DETECTED RUSSIAN BOT DETECTED RUSSIAN BOT DETECTED RUSSIAN BOT DETECTED RUSSIAN BOT DETECTED

>>>/pol/419371971

>>54056379
>i-its insured!
they don't have enough money to cover a wildfire
they even admit it

>>54055958

They aren't going to let you take that much money out willy nilly, retard. Even if there wasn't a bank run.

>>54056058

invest in what? cash is losing like 6% of its value but everything else is losing value faster

>>54056288
it was the same in my oblast this morning my fellow citizen (US)

>>54056431
Ever hear of a flex GIC?

>>54056054
They have a 66% liquidity ratio. They can cover 2/3rds of all deposits. If chase collapses it has probably been over for months and we are probably all ash. Them going under would trigger a global depression worse than we’ve ever seen or read about

>>54056288
>the Statue of Liberty is kaput
oke ivan

I'm with chase and haven't had any issues this weekend, was able to deposit checks and pay bills, plus JPM in general is one of the safest banks in the entire world so there the least likely to go under no matter what, in other words our funds at chase are safu

>>54057727
so you're saying we should take our money out of other banks and deposit it at Chase?

>>54057659
>well that's disconcerting

>>54057780
i'm not saying that at all because i DON'T want to start a run on banks

>>54055958
>withdrawing my 86k tomorrow
Where you gonna park it? Withdraw cash, I don't think they have that much on hand.
Hooker and blow?

>>54057886
alright ill open a chase account monday and park everything there

>>54056024
I fucking hate assists. I always get a bunch because of some mfer stealing my kills.

>>54055958
You'll need to call ahead and give them a day to prepare the cash. Chase branches don't keep much cash on hand. They'll offer you cashier's checks and alternatives. But for a large cash withdrawal, they'll refuse that size order for one individual on the spot. They're happy to give you cash, but you need to give some warning. Especially given current conditions buzzing around. Everyone is gonna be withdrawing cash.
t. I used to work for them

>>54056054
Not a single bank have that much cash

>>54055958
you dont need to withdraw 86k, retard.

If Chase collapses the entire global system goes with it in which case I prefer to just die swiftly

>>54056324
It's time to take money in the pocket of the goyim.

>>54058812
That's why banks need to unite, like my favorite marvel movie

>>54057601
Which bank on that list is next? Ready get my long put orders in.

>>54056012
>If I were you, I'd be converting 85k to crypto

for gods sake dont throw it away on crypto garbage.

>>54055958
Most banks don't let you withdraw more than 1 or 2 thousand dollars a day

>>54058935
Bank with the lowest liquidity ratio is easiest to destroy

>>54059322
You want to know how I know you’re poor?

>>54058935
Every bank with liquidity under 10% with the exception being US bank. I used to work in their business loan department and can assure you they have access to massive credit lines in the case of an emergency.

>>54057970

Buy gold bricks.

>>54056288
Oбщeниe являeтcя ключeвым

>>54059322
Banks treat richfags like casinos do. If you're loaded, they know it and you can swing your dick however you like at the branch. They're desperate to keep you as a customer and will do whatever you want

>>54055958
I only have 22k with them.
75k with AMEX.
Someone tell me what to do because I'm tired of guessing.

>>54060426
I love the instant change in attitude; to overly-accommodating, when the bank teller sees my 200k+ balance

You're insured up to 250k right? So you'll be fine unless you need tap that soon. That said JPM as far as I am aware are the least exposed to bank run since their securities are not as deep in the red. It would be difficult to bank run the major banks due to the extent of their liquidity.

>>54055980

Umm isn't that what they always say n then it happens lmfao

>>54060795
>75k with Amex
What? Do they do checking now? Only ever used their charge card

>>54060903
High Yield Savings

>>54058931
You deserve a (you) for that one. Kek

>>54060909
Interesting, I have a platinum card already, what % are you seeing on those savings accounts?

>>54055958
>just withdraw 86k in 24 hours
>anon thinks he is scarface

>>54060934

This shit better not mess with my plans to buy a house this year.

>>54061005
Interesting, thanks for the straight forward response fren

>>54061033
I never got a response to mine though.
What the hell do I do?

>>54058837
America can finally be rid of its fed reserve and restore itself.

>>54061054
No idea, I’m a retard

>>54061081
The kikes will just use this ((opportunity)) to strenghten their stranglehold on humanity. Problem > reaction > solution it's all preplanned decades in advance we are entering the endgame.

>>54061172
Pity they are quite hated right now so they'll fail.

>>54061274
Not hated enough. The media still controls the cattle minds, if you think 4chan is consensus on how the public thinks you are wrong.
I do hope every single kike gets slaughtered so we can have peace but I don't think we will get there

I hide 20% cash and 80% precious metals at home
I only leave a token 15k in my bank account for strictly bills, and sudden expensive for businesses who don't accept cash. Was like this for 4 years now

>>54056324
jesus
sounds like chase
honestly i WOULD not be surprised at all if more of the high risk slimey and greedy banks did this

>>54061397
don't you hate leaving your house or going to travel for a while? aren't you paranoid that you will get robbed?

>>54061342
Cattle took the juice, their defenders are ill.

>>54056408
> they don't have enough money to cover a wildfire
They literally do though. FDIC is not intended to cover 99% of what's in the bank, but 99% of what's in the bank is over the insurance limit.
Virtually every American will be covered because virtually every American has under $250k in their accounts. The ones who won't be covered are the millionaires and billionaires that go over the limit.

>>54055958
get treasuries

>>54061342
>I do hope every single kike gets slaughtered so we can have peace but I don't think we will get there
I'm keeping this one

>>54061342
>I do hope every single kike gets slaughtered so we can have peace but I don't think we will get there
And this one. Just....
>>54062826
That one. And... this one. No more. Swearsies

if chase collapsed money would be worthless pretty soon after. guns, ammo, and violence would be the new currency.

>>54056054
Literally no bank in the world

>>54055958
All these people putting their faith in a bank

Fools

All of them

Put your money in BTC or buy gold

>>54056031
Just not true

>>54055958
All of the big 4 are safe... Except BofA

>>54062785
Most people that aren't retards use CDARS that use multiple banks to store their money so each account is FDIC insured.

>>54063211
I'll give you some leads but, shhhh... don't tell the others. I've already said too much.

>>54055958
Chase is owned by JP Morgan and under federal law has to meet a specific LCR ratio to avoid issues that SVB had. Somehow SVB, despite being the #16 bank i n the US avoided these regulations.

SVB: https://www.sec.gov/ix?doc=/Archives/edgar/data/719739/000071973923000021/sivb-20221231.htm#ibb4dd73a1d3f4bff944b5d35fd2c5e2a_184

JP Morgan: https://jpmorganchaseco.gcs-web.com/static-files/19f988ef-3013-4467-ba4c-142fb7623821

SVB crashed because it got around regulations, was losing a ton of money year-to-year and depositors finally realized and bailed on them at the start of 2023.

Hy чe кaк пoвoeвaли, дoлбaeбы?

>>54063539
Leave Ukraine alone. Stop the violence.

>>54063564
Is it worth the pain, with no one to blame?

>>54055958

>>54063564
Say it to Biden

>>54063523
>federal law
Lol, laws are for peasants.

>>54055958
You really think they have 86k sitting there for you to take? LOL

>>54063539
>>54063564
>>54063616

>>54057601
>66%
What a devilish amount of liquidity, JPM.

>>54063424
https://www.youtube.com/watch?v=peROt2DSqoQ

>>54055958
If Chase dies your 85k won't even be worth the money they are printed on. In that scenario the only curency of exchange that will have any value at all will be 5.56.

>>54056021
>its insured up to 250k retard
read the terms faggot. they have 99 years to repay you

>>54057601
>US BANCORP
>#5
holy shit! Do I need to empty my US Bank account tomorrow???

>>54064338
No need for that, they'll do that for you.

>>54055958
If chase goes under, nukes are flying

>>54058178
git gud nigger

>>54063211
WTF with the cup full of highlighters ?
and the gold tipped ones ?

>>54055958
can you invite me to the tranny discord you're in that's conspiring to incite a bank run?

>>54064686
lol it's my grandmothers house
She likes coloring

>>54055958
if you need to use a bank, then just use one where if it collapsed, losing all your money would probably be secondary to the civil break down going around you anyway

>>54064748
Get her some better coloring pens

>>54064311
>they have 99 years to repay you
https://www.fdic.gov/consumers/consumer/news/cnfall14/misconceptions.html
Nice FUD retard, Go back to /pol/

>>54055958
Only Jew banks deserve bailouts!

>>54064311
>read the terms faggot. they have 99 years to repay you

>>54060012
Hes right though

>>54064338
Empty your bank and take your assets where?

All banks are susceptible, do not listen to anyone here saying your assets are safe.

You should be using credit unions, you should be keeping cash on your person, in your house, in a safe.

This is not a drill.

>>54062785
>The ones who won't be covered are the millionaires and billionaires
imagine typing this with a straight face.

>>54065309
Several options anon
> Burn it like Escobar did
> DeFi smart vaults like Spool
> Keep it in a safe
> Or spend it all if you are as dumb as my kid brother

I’m withdrawing $170k from Morgan Stanley on Monday.

>>54055958
Are you retarded? $86k < $250k

Financially illiterate here, my bank is USAA, my worst case scenario is the atm runs out of physical money right? I'm safe, right?

>>54066381
Good luck walking out with that

>>54055980

agreed chase is too big to fail

>>54066430
Seething kosher hands typed this.

>>54066413
The goal is to create a bank run dummy

>>54065346
Are credit unions safer than banks?

>>54066646
Safer? Yes, safe, no

>>54055958
That would be stupid. The US government will never let such a bank fail. And even if they do your funds are insured by the government so they will print money to repay you, whatever happened.

>>54056328
They will run the printer then... Insurance means they will pay you whatever happens, unless the US government collapses

I feel fine about this

>>54060012
I know you haven't tried because they will bitch and mom about giving out just $10k. You have to sign some paperwork, they waste your time with a bunch of questions. They really don't like giving your money back

>>54060126
Enjoy the 15-20% haircut right from the rip

>>54061054
Sorry anon, your guess is as good as mine. I was looking into getting a certified check made out to myself but that just seems retarded.

The carnage tomorrow, MONDAY THE 13TH, will be epic.
I have popcorn.
Do you have popcorn?

>>54066449
>agreed chase is too big to fail
If Chase fails I won't have to pay my mortgage, credit cars, electric bill, nothing.

>>54055958
do it, why are you hesitating? Leave a small amount of money but withdrawl most of it. There is no downside at all of withdrawling your money. IF nothing happens just deposit it back in.

>>54055958
No need to. They're bailing out the whole thing.

>>54065889
>>54065889
>>54065889


I mean, you're still fucked either way but

>>54056324
sounds fucked

>>54065346
>All banks are susceptible, do not listen to anyone here saying your assets are safe.

Trust banks? Definitely not me I would rather trust codes which I can vet myself which is why i prefer to have my money in DeFi protocols like Aave, Curve, Harvest or betterstill diversify across board with SpoolFi.