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0 pointsbrianwawok3y ago0 comments

250k per account.

Imagine all the big businesses with millions in the bank. FDIC will not help them.

0 comments

"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-detail...

the_mar3y ago

2.7% of SVB deposits were FDIC insured

j / k navigate · click thread line to collapse

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rixrax3y 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-detail...

the_mar3y ago

2.7% of SVB deposits were FDIC insured

j / k navigate · click thread line to collapse