Protect Your Assets
This is probably about my 10th or 20th time saying, but it bears repeating, make sure you do not have more money then what is insured in any financial institution, and even if you have practially nothing, it would be wise to have assets split between two banks just so you have access to some funds should there be a problem.
Financial Armageddon has a link about two people caught in the IndyMac failure.
The woman who made the request to move money the day before the collapse doesn't get a lot of sympathy from me because by the time you are getting a strong signal you need to be out of there it is likely too late, or you will be in line trying to justify why you should get back yours with all the others making the same kind of claims. I suppose that is harsh, but I've been warning against this kind of thing for a year now.
I think it was April 2007 that I realized there would be banks runs and bank failures and that is when I started making plans to make sure I was covered. My experience with transferring my funds was highly, highly, highly stressful. By law when you make a request they have 5 days to comply. After a month and 3 requests from my bank and a letter from me promising to report them to the securities commission if they did not immediately comply there was still no transfer. I did end up reporting them to the securities commission and my money wasn't transferred until after they were contacted by the securites commission, about 7 weeks in total. When you expect a rash of bank failures like I did, well, I found this highly stressful and I question if it was an under handed way to hang onto capital. They are still there and perhaps this was just gross incompetence on their part, but the point is that when you want to move it might not go smoothly or quickly.
Protect your assets.