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The 30 U.S. banks with the biggest percentage of uninsured deposits
From Visual Capitalist, Vancouver, British Columbia, Canada
Tuesday, April 4, 2023
Today there are at least $7 trillion in uninsured bank deposits in America.
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 Corp., 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 fallout, we look at the 30 U.S. banks with the highest percentage of uninsured deposits, using data from S&P Global. ...
... For the remainder of the report:
https://elements.visualcapitalist.com/ranked-the-u-s-banks-with-the-most-uninsured-deposits/
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