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250k per account. Imagine all the big businesses with millions in the bank. FDIC will not help them.
by brianwawok 4y ago
250k per account.
Imagine all the big businesses with millions in the bank. FDIC will not help them.
- rixrax 4y ago"As of December 31, 2022, the amount of estimated uninsured deposits in [SVB] U.S. offices that exceed the FDIC insurance limit was $151.5 billion. [from total deposits of $173,11B]." [0] [0] https://ir.svb.com/financials/sec-filings/sec-filings-details/default.aspx?FilingId=16435322 https://ir.svb.com/financials/sec-filings/sec-filings-detail...
- the_mar 4y ago2.7% of SVB deposits were FDIC insured