It doesn't seem very likely that any bank has 200K in cash on hand to give to any one person. Banks prefer NOT to do this. But I have a hard time believing this story for a few reasons.
How much do they give out in a given day.? What does an ATM have in it..
$200k is not that much compared to FDIC reserve requirements, which are something like 10-20% of deposits...it's been a long time since I went thru that is school but I am pretty sure they have a lot more cash than $200k
Since they discontinued $500 bills. It's what 40 bundles of $100 bills.
2.5"x6"x0.75" each.
That is a barely half full hard briefcase...1980s style.
Sorry h&S I have just been reading about 2007-09 crisis...liquidity, etc...
