How long does it take to receive and FDIC payout after a bank fails?
It depends on the bank (smaller, regional banks will possibly have payout troubles; large banks will probably get bailed-out), the type of asset, the value and the liquidity. Generally, the greater the value, the longer the time. Keep an eye on what’s going on…no one really knows how things are going to play out, since we are in uncharted economic waters right now.
