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I don't think that's likely. Most banks have about half of their deposits FDIC insured because their depositors have low balances. SVB only had 3%. Most bank
by andrewmutz 4y ago
I don't think that's likely. Most banks have about half of their deposits FDIC insured because their depositors have low balances. SVB only had 3%. Most banks are unlikely targets for a bank run as a result.
- eyphka 4y agoThis is simply not true and very easy to verify via https://banks.data.fdic.gov/bankfind-suite/bankfind https://banks.data.fdic.gov/bankfind-suite/bankfind Most banks actually have most of their deposits NOT insured. Most banks are not bofa.