4 ms·
Only 2.7% of SVB's deposits will be covered by FDIC.
by CamelCaseName 4y ago
Only 2.7% of SVB's deposits will be covered by FDIC.
- dllthomas 4y agoI thought it was 2.7% of accounts are fully covered by FDIC? That's only going to be 2.7% of deposits by coincidence, and what it means for the others depends on just how dramatically over the limit they are... unless I miss something (which is plenty possible).
- dllthomas 4y agoPer another thread, it may in fact be 2.7% of deposits insured rather than accounts.