I wouldn't have it one account. I've know that since I was a small boy.
I think each account is insured up to $100,000. I don't know if it is multiple accounts at one bank or you have to have several banks.
But who would have more than $100,000 liquid in a bank?
Maybe I'm missing something.
One guy said he didn't trust the bank because his stock in the bank tanked. Stocks are investments. Different than checking and savings accounts.