Which they would have been _anyways_... Seriously, the FDIC insures 250k$ IF and only if the banks assets are insufficient for _that_. In other words, as long a

Which they would have been _anyways_... Seriously, the FDIC insures 250k$ IF and only if the banks assets are insufficient for _that_. In other words, as long as SVB has enough assets to pay out 250k$ per ~account. All the FDIC is going to be doing is the administration [1] of the distribution. Whatever assets are left beyond the first n_accounts * 250k$ will be distributed among the account holders with extra balance. Some of _that_ money will also be distributed tomorrow morning. So in fact all depositors with more than 250k$ balance will be "looked after, but not made whole" TOMORROW. The question remains ,IF there aren't enough funds to make everyone completely whole, what happens then. There is _zero_ indication in those statements, that there would be money added to the pile that will be generated by the auction of SVB's assets. [1] not sure if there's a fee for that, but it would be negligible anyhow