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by zrail 1194 days ago
> in 55 failures since IndyMac of banks with total deposits over $1 billion, uninsured deposits were fully protected against any loss. The largest failure, Colonial Bank, had $20 billion of deposits, including an estimated $4.4 billion of uninsured deposits.

https://www.cato.org/commentary/fdic-invents-costly-solution...

1 comments

Meanwhile, svb had north of 160bik deposits with an estimated 93% uninsured.

Scope is a bit different.

The article goes on to note that when FDIC wound up Wachovia in 2008 there were $130Bil in uninsured deposits and all of them were made whole.