I have a few grand in the credit union and a few in the bank. My mother has thousands in her AIB account from life savings (terrible investment strategy, I know but oh well, she doesn't listen to me). I don't know much about the deposit guarantee scheme except that it's meant to guarantee deposits up to €100k. I wonder though if pandemics were ever taken into account for this scheme? If the economy tanks due to coronavirus and banks start to fail, will the deposits still be guaranteed by the government? Or would they be likely to use the pandemic as a reason not to pay?