However, if your money was mailed to you as a check, any outstanding payments will be considered unpaid. If your money was moved to another bank, automatic payments and checks will usually be processed without issue (unless the check is for more than what's insured in a bank account). Review the due dates for bills involving automatic payments or checks you needed to send.That said, here are a few things you can do to still be on top of your finances if your bank shuts down: You'll have to wait until your money is moved to another FDIC-insured bank or mailed to you as a check in order to have access to it. If a bank fails, the FDIC is in charge of managing its assets.
