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The bank can take your cash deposits and invest them, which is the problem occurring with SVB. In this case, your deposits are still insured via FDIC. If you b
by iancarroll 4y ago
The bank can take your cash deposits and invest them, which is the problem occurring with SVB. In this case, your deposits are still insured via FDIC.
If you buy investment products from a bank, and they hold those for you, those are not insured via FDIC.