The recent collapse of online bank NetBank has left a lot of people jittery. After all, it is the biggest bank failure since the early '90s. While the cost to taxpayers is unclear, the FDIC should cover everything. Many people wonder exactly what happens after a bank collapses. When the federal regulators walk in, they try to package the bank's assets and get them in somebody else's hands. That's what happened in this case when the feds sold many of NetBank's assets to ING Direct, which has most of the collapsed company's customer base and money. The transition from NetBank to ING has generally been smooth for customers. Be sure to check your ING statement to verify that all your money came along with you if your money made the jump. Those who were most at risk of losing money were people with more than $100,000 in NetBank accounts. It's always better to be safe and only invest $90,000 in any bank. That way your principal and interest are always protected. And if you're just generally scared of seeing a repeat of this collapse, go to BankRate.com and shop CD rates to see the relative health of a bank. But keep in mind that the best deals in savings are still being offered by the banking arms of mortgage lenders.