It’s obvious to anyone with half a brain that the robust protection afforded to small investors and depositors by the federal government are so 2024. To those of us who feasted on 5+% CD’s that are maturing now and in the near future bank ratings that might have been overlooked in light of FDIC protection can no longer be overlooked. Anyone have knowledge of the bank safety rating agency who is a HARD GRADER? You know what I mean,,,, like the opposite of life insurance rater A. M Best. Taking this further,,, would a “too big to fail bank” with a C- Weiss rating be safer that a Main Street Bank of Podunk Red State with a higher rating?
