A Reader Asks: Is My Money Safe in the Bank?

Updated

How safe is the money in our bank accounts? One reader wants to know, especially given concerns that a Greek default on government debt could ripple across the global banking system. Separately, more than 70 U.S. banks have failed this year, according to the Federal Deposit Insurance Corporation. DailyFinance's Laura Rowley responds.

















Do you have a personal finance question? Send it by email, or email a short video of yourself asking the question, and we'll post your video with the response on DailyFinance. You can also ask your question via Skype. Contact laura.rowley@teamaol.com. You can also follow me on Twitter @MoneyHappiness.

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