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by rrrrrrrrrrrryan 1776 days ago
> The FDIC insurance fund only covers a tiny fraction of bank deposits

Isn't it $250,000 per customer?

It wouldn't be enough to save the bank if there was a run (because of accounts with huge balances), but it'd be enough to save most of the customers that need saving.

1 comments

It is a per-signator per-bank per-type per-POD