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If you want a reality check, go to your banking institution and try to take out a really large chunk of cash. Say more than five grand and less than ten so you don't have to fill out the Federal paperwork. Betcha they will do everything except handstands to talk you out of the idea. I'd give you about a fifty percent chance they will let you have the cash on the spot, more than likely they will tell you to come back the next day.
While I'm not saying you're wrong, Hotzcatz, this is not really new. I worked at a bank in the late 80's and people had to order large withdrawals the day prior. The reason was not that the bank wasn't solvent.
Banks are regulated to have only so much CASH on hand at any one time. The primary reason for this is bank robbery. If a bank takes in a large amount of cash that puts it over its limit, it has a certain amount of time to ship it out by armored truck. Likewise, the money has to be ordered by armored truck ...
Banks are constantly sending away and receiving cash to abide by the regulations.
Anyway, if on any one day, too much money is withdrawn, the bank may be short of cash to serve everyone's needs for that day -- the working cash. The working cash on hand and the banks' assets are very different.
Any bank that needs to stall you on 10K due to its ASSETS being short, would be a worry.
That said, we should have learned from the past that one way to make a bank fail that would not otherwise fail is for the public to make a run on the bank and force it to liquidate everything.
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