These Are The US Banks With The Most Uninsured Deposits

April 10, 2023

0

Please Follow us on Gab, Minds, Telegram, Rumble, Gab TV, GETTR, Truth Social

Today, there is at least $7 trillion in uninsured bank deposits in America.

This dollar value is roughly three times that of Apple’s market capitalization, or about equal to 30% of U.S. GDP. Uninsured deposits are ones that exceed the $250,000 limit insured by the Federal Deposit Insurance Corporation (FDIC), which was actually increased from $100,000 after the Global Financial Crisis. They account for roughly 40% of all bank deposits.

In the wake of the Silicon Valley Bank (SVB) fallout, Visual Capitalist's Dorothy Neufeld and Sabrina Lam look at the 30 U.S. banks with the highest percentage of uninsured deposits, using data from S&P Global.

Which Banks Have the Most Uninsured Deposits?

To read more visit Zero Hedge.

‘NO AD’ subscription for CDM! Sign up here and support real investigative journalism and help save the republic!‘

bank run uninsured deposits

Author

CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."