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A comment on Citibank may lock bank accounts for 45 days if breach suspected. Parent comment

Re:Citibank may lock bank accounts for 45 days if breach sus... by hparadiz on Wednesday September 07, 2022 @08:30AM (#32749707)
Well I use a credit card for almost all my purchases and I don't even need access to my bank to make my monthly payment. I wouldn't split my cash equally between two banks either. That seems silly. If for whatever reason my bank went bankrupt I'd simply open a new account and change my direct deposit at work. It's not really a show stopper. Plus there's federal insurance on all accounts up to 250k.
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Re:Citibank may lock bank accounts for 45 days if breach sus... by bombcar on Wednesday September 07, 2022 @08:50AM (#32749875)
I think having a second bank for savings/emergency can make sense for a number of reasons (harder to conflate your money, accessible if the first has an issue, etc, better rates, etc).

I have an online centered account and a local one, they serve different purposes.

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