I just don't trust them. Much safer to keep 100k in the yard.
My dad, until a couple of years ago, had $50K in CASH like actual CASH sitting in a safe box. When we found out we asked why and he said it was safer to keep there than with the tellers, even though his pension is direct deposited there. This is the same guy that has over $1M in matured zero coupon bonds and savings bonds he won't cash because he doesn't want to "sign them over
just yet". He also looks like a homeless bum.