Article Image

IPFS News Link • Central Banks/Banking

These Are The US Banks With The Most Uninsured Deposits

• Zero Hedge

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.


Anarchapulco June 2024