Certainly, you state, the federal government is about to remain the claims, about to your insured dumps

Certainly, you state, the federal government is about to remain the claims, about to your insured dumps Yes, the federal government (through the FDIC) makes sure dumps in most establishments to $250,000. But there's an issue with so it insurance. Brand new FDIC already have far less profit the loans than simply it's got insured places: as of Sept. step 1, about $41 billion from inside the put aside facing $six trillion when you look at the insured places. (You will find over $nine trillion to the put on You.S. banking companies, by-the-way, therefore more than $3 trillion ...