[Waterluvian]

The law is clear on the priority of claims. You can get a quick overview at the bottom of this page: https://www.fdic.gov/resources/resolutions/bank-failures/fai...

It makes sense that they’ll make depositors whole before even thinking about the rest. From the top of that page:

“ All depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.”

[booleandilemma]

More than 85% of Silicon Valley's Bank's Deposits Were Not Insured.

https://time.com/6262009/silicon-valley-bank-deposit-insuran...

[Waterluvian]

Insured means they’re guaranteed to get it back. But the uninsured deposits are at the very front of the line for all further fundraising efforts.

[kelnos]

So? That doesn't change anything.