That is not how I'm reading this. FDIC insurance covers the first 250k from an insurance pool all banks pay into. What I'm reading is that there will be an addi

That is not how I'm reading this. FDIC insurance covers the first 250k from an insurance pool all banks pay into. What I'm reading is that there will be an additional fee will be paid by other banks to make SVB depositors whole. If I'm mistaken, please tell me. "Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law."