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They publish all historic payouts for closed banks on their website: https://closedbanks.fdic.gov/dividends/ https://closedbanks.fdic.gov/dividends/ From a qui
by Denvercoder9 4y ago
They publish all historic payouts for closed banks on their website: https://closedbanks.fdic.gov/dividends/ https://closedbanks.fdic.gov/dividends/
From a quick look at a random sample, it seems most end up with about ~70% paid out, but there is quite some variance.
- paxys 4y agoWorth noting though that this list covers everything from cases of incompetence and mismanagement to outright fraud. It's relatively easy to recover money if it is tied up in T-bills. Not so if the bank owner decided to go buy a yacht with customer funds.
- kasey_junk 4y agoThat’s the list for all creditors, not depositors. Almost all deposits get transferred to another financial institution. It will be listed on the failed bank report.